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1 Apr 2015
UK elections: Business leaders voice their concerns – Investec
FXStreet (Barcelona) - Jonathan Pryor, Head of FX dealing at Investec, shares that around 103 business leaders in the UK have signed a letter backing Cameron and his stance on lowering the corporation tax.
Key Quotes
“Today’s Election Special comes from the Telegraph; “In a letter to The Telegraph, senior executives from companies employing more than half-a-million people hail Conservative economic policies which they say show that “the UK is open for business”.”
“A Labour government would “threaten jobs and deter investment” in the UK, a coalition of more than 100 of the country’s most senior business figures warn.”
“The letter, signed by 103 business leaders, praises David Cameron and George Osborne’s decision cut to Corporation Tax and warns that a “change in course” would “put the recovery at risk”. Corporation tax will fall to 20 per cent.”
“Mr Miliband and Mr Balls have said that Labour will reverse the cut if the party wins the May 7 general election. When the coalition took office it was 28 per cent. The letter is the biggest ever endorsement by business leaders of a political party and will further undermine the economic credibility of Ed Miliband, the Labour leader, and Ed Balls, the shadow chancellor.”
Key Quotes
“Today’s Election Special comes from the Telegraph; “In a letter to The Telegraph, senior executives from companies employing more than half-a-million people hail Conservative economic policies which they say show that “the UK is open for business”.”
“A Labour government would “threaten jobs and deter investment” in the UK, a coalition of more than 100 of the country’s most senior business figures warn.”
“The letter, signed by 103 business leaders, praises David Cameron and George Osborne’s decision cut to Corporation Tax and warns that a “change in course” would “put the recovery at risk”. Corporation tax will fall to 20 per cent.”
“Mr Miliband and Mr Balls have said that Labour will reverse the cut if the party wins the May 7 general election. When the coalition took office it was 28 per cent. The letter is the biggest ever endorsement by business leaders of a political party and will further undermine the economic credibility of Ed Miliband, the Labour leader, and Ed Balls, the shadow chancellor.”