Employers Condemn Balls Tax Rise

That radical new Balls policy: increase taxes. Don’t say the bosses of some of the largest employers in Britain didn’t warn you:

  • Rob Templeman, chairman of the British Retail Consortium, Gala Coral and the RAC: “this tax increase would be bad for business in Britain. It would put the recovery at risk, deter investment and  ultimately cost jobs”
  • Sir Stuart Rose, former executive chairman of Marks and Spencer: “This will put at risk all the good work that has been done to put the economy back on track.”
  • Mike Lynch, co-founder of Autonomy Corporation and former Labour donor: “The proposed tax increase would put jobs and the economic recovery at risk and discourage investment into the UK.”
  • Ian Cheshire, chief executive of Kingfisher: “Putting up the percentage rate is the wrong answer. When the rate was cut the total tax paid went up and the top 0.1% now pay over 30% of all income tax. Raising the rate is bad economics and sends an anti business message that may undermine investment plans and the recovery”

Dracula will be a vegetarian before Ed Balls balances a budget.




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

George Osborne paraphrases Boris, telling the FT:

“If the ball came loose at the back of the scrum, I wouldn’t fumble it”

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

Jackie Walkercaust Jackie Walkercaust
Jim The Salesman Spotted With Corbyn Jim The Salesman Spotted With Corbyn
Labour Illiterate On Illiteracy Labour Illiterate On Illiteracy
Momentum Mock Injured Soldiers Momentum Mock Injured Soldiers
I SCHEMED A SCHEME I SCHEMED A SCHEME
Watch Glitter Balls Watch Glitter Balls
Did Boris Really Want Brexit? Did Boris Really Want Brexit?
Ken Interviewed, Doesn’t Mention Hitler Ken Interviewed, Doesn’t Mention Hitler
Chuka’s Single Market flip-flop Chuka’s Single Market flip-flop
LABOUR HQ PURGE FEARS LABOUR HQ PURGE FEARS
Carter Ruck Deleting Brooks Newmark Sext Pics Carter Ruck Deleting Brooks Newmark Sext Pics
Mandelson Aide Funding Owen Smith Mandelson Aide Funding Owen Smith
OILY WANTED CORBYN TO GO ON OILY WANTED CORBYN TO GO ON
Hinkley: Forseeable Financial Fiasco Hinkley: Forseeable Financial Fiasco
Baroness Shami(less) Baroness Shami(less)
Just How Totes Posh Is Stella Creasy? Just How Totes Posh Is Stella Creasy?
Thornberry “Sky Sexism” Meltdown Thornberry “Sky Sexism” Meltdown
WATCH HILLARY DROP WATCH HILLARY DROP
PMQs Sketch PMQs Sketch
Vaz Broke Law Vaz Broke Law