Richard Willis's Blog

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Labour’s Anti-Business Stance is Attacked

labourFollowing the announcement that a future Labour Government would increase the top rate of tax from 45% to 50% a group of 24 senior British business people have written to the Daily Telegraph to attack the anti-business stance being adopted by Shadow Chancellor and Ed Balls.

The letter is as follows:

Dear Sir,

We are concerned to see Ed Balls and the Labour Party calling for higher taxes on businesses and business people.

We think that these higher taxes will have the effect of discouraging business investment in the UK.

This is a backwards step which would put the economic recovery at risk and would very quickly lead to the loss of jobs in Britain.

Your sincerely

John Ayton, Chairman, Bremont

Karren Brady, Vice Chairman, West Ham United

Richard Caring

Sir Ian Cheshire, Chief Executive, Kingfisher

Neil Clifford, Chief Executive, Kurt Geiger

Andrew Coppel, Chief Executive, De Vere Group

Peter Cullum, Executive Chairman, Towergate

Philip Dilley, Chairman, London First

Rupert Gavin, CEO, Odeon UK

Michael Gutman, Chief Executive, Westfield Group

Anya Hindmarch, Founder, Anya Hindmarch

Brent Hoberman, Executive Chairman, mydeco

Luke Johnson, Chairman, Risk Capital

Mike Lynch, Chairman, Invoke Capital; Founder, Autonomy

Alistair McGeorge, Chairman, New Look

Charlie Mullins, Founder and CEO, Pimlico Plumbers

Tim Oliver, Founder and Chairman, Hampden

Sir Stuart Rose, Chairman, Ocado

Rob Templeman, Chairman British Retail Consortium, Gala Coral and the RAC

Michael Tobin, Chief Executive, Telecity

Ted Tuppen, Founder, Enterprise Inns

Joseph Wan, CEO, Harvey Nichols

Paul Walsh

Will Wyatt, CEO, Caledonia

Sir Hossein Yassaie, Chief Executive, Imagination Technologies

This letter is signed in a personal capacity.

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January 26, 2014 - Posted by | National

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