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Left Foot Forward > Published by Will Straw, April 1st 2010 at 1:09 pm

Tax letter business leaders gave £2.5m to Tories

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UPDATE 14.55:

Thanks to our commenter, Henry, who pointed out that, “LFF are only scratching the surface with their list. You need to look at the companies.”

Companies run by the signatories have given an additional £2 million bringing the total donations from tax letter signatories to a stunning £2,484,804. Going through the list it turns out that:

• Aggregate Industries have given £100,500

• JCB have given £616,010 in cash donations and £118,177 non-cash donations

• Bestway Cash & Carry have given £28,852

• Harris Ventures (Lord Harris’ company) have given £1,160,730 in cash donations and £25,135.59 in non-cash donations

Signatories to today’s letter in the Daily Telegraph calling for a stop to the proposed increase in national insurance have given close to half a million pounds to the Conservative party.

The following signatories have made donations to the Conservative party covered on the Electoral Commission register:

• Anthony Bamford has given £86,249.

• Aidan Heavey has given £5,500

• Christopher Gent has given £105,400

• Simon Wolfson has given £238,250

Among the other signatories, Lord Harris of Peckham takes the Conservative whip in the Lords.

  • http://twitter.com/wdjstraw/status/11421070721 Will Straw

    No wonder they signed up RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW

  • http://twitter.com/danmknight/status/11421386164 Daniel Knight

    RT @leftfootfwd Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW < Representing their 500k workers rather loosely then!

  • http://twitter.com/hanlemic/status/11421639450 Michael Hanley

    RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW

  • http://twitter.com/jon2aylor/status/11421704882 Jonathan Taylor

    RT @wdjstraw: No wonder they signed up RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW

  • http://twitter.com/tommilleruk/status/11422014660 Tom Miller

    RT @wdjstraw: No wonder they signed up RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW

  • http://twitter.com/jo_cox1/status/11422220272 Jo Cox

    RT @wdjstraw: No wonder they signed up RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW

  • http://twitter.com/jamescowley/status/11422452697 James Cowley

    RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW

  • http://twitter.com/andy_s_64/status/11422686797 Andy Sutherland

    RT @tom_watson RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW <-bound to have come out

  • http://twitter.com/fatcouncillor/status/11422743436 The Fat Councillor

    RT @jamescowley: RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW >> (cont) http://tl.gd/muleh

  • http://twitter.com/gavomatic57/status/11423019070 Gavin Lewis

    RT @samknight Tax letter business leaders 'gave £500,000 to Tories' http://tinyurl.com/yca94fk #sameoldtories

  • http://twitter.com/pickledpolitics/status/11420973076 sunny hundal

    RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW

  • http://twitter.com/sarahcartin/status/11420977872 Sarah Cartin

    RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW

  • http://twitter.com/charliewhelan/status/11421018370 charlie whelan

    Gosh what a surprise! RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW

  • http://twitter.com/graemewearden/status/11421058887 Graeme Wearden

    RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW

  • topsy_top20k_en

    Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW

  • http://twitter.com/ajlaw13/status/11421205843 Andrew Law

    RT @tom_watson: RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW <-bound to have come out

  • http://twitter.com/paulsandars/status/11421214912 Paul Sandars

    RT @tom_watson: RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW <-bound to have come out

  • http://twitter.com/politicshomeuk/status/11421230591 politicshomeuk

    Tax letter business leaders 'gave £500,000 to Tories' http://tinyurl.com/yca94fk

  • http://twitter.com/cllrtheo/status/11421254532 Theo Blackwell

    RT @tom_watson: RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW <-bound to have come out

  • http://twitter.com/robstagg/status/11421296697 Rob Stagg

    RT @politicshomeuk: Tax letter business leaders 'gave £500,000 to Tories' http://tinyurl.com/yca94fk

  • http://twitter.com/jardinec/status/11423780783 jardinec

    RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW

  • http://twitter.com/tonyburkson/status/11421342070 Tony Burkson

    RT @politicshomeuk: Tax letter business leaders 'gave £500,000 to Tories' http://tinyurl.com/yca94fk < talk about backing the right horse

  • http://twitter.com/johannatc/status/11421354626 Johanna Thomas-Corr

    RT @wdjstraw: No wonder they signed up RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW

  • http://twitter.com/gmartin/status/11421363032 Graham

    RT @BevaniteEllie: RT @wdjstraw: No wonder they signed up RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW

  • http://twitter.com/hellomccracken/status/11421366132 Andrew McCracken

    RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW

  • http://tangentreal.blogspot.com/ jdennis_99

    5 of them have associations with the Tories, then. Out of 23.

    And you consider this news-worthy?

  • http://twitter.com/markhanson/status/11421503793 MarkHanson

    RT @wdjstraw: No wonder they signed up RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW

  • http://twitter.com/yezzer/status/11421511921 iestyn lloyd

    RT @tom_watson: RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW <-bound to have come out

  • Anna

    And I wonder how much Lord Sainsbury has given to the Labour party ?

  • Joe

    Didn’t Brown set up an advisory business panel with several of the names on the letter

  • http://twitter.com/matthewrhodes/status/11424529359 Matthew Rhodes

    RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW

  • http://www.torybear.com Tory Bear

    So what?

  • Robert

    And, of course, Anthony Bamford has also been a leading light in the shadowy Midlands Industrial Council.

  • http://twitter.com/alex_ross1983/status/11422353647 Alex Ross

    RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW

  • Mike Thomas

    All the little twitoids scampering off to tell teacher.

    So how much did Lord Sainsbury give to the Labour Party, wasn’t he also a Science Minister?

    And the other 18 business leaders?

    As for Labour counter-attack, I see that lasted as long as the Charge of Light Brigade. Twitter that.

  • Pete

    How much did Lord Sainsbury give labour

  • http://twitter.com/kelblundell/status/11425271572 Kelly-Marie Blundell

    RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW

  • Boudicca

    Can’t win the argument, so attack the messengers personally.
    Labour = desperation.

  • http://twitter.com/samknight/status/11422645723 Sam Knight

    RT @BenCooper86: RT @politicshomeuk: Tax letter business leaders 'gave £500,000 to Tories' http://tinyurl.com/yca94fk #sameoldtories

  • Henry

    Stuart Rose has been seen at recent Tory fundraisers. Choudery’s company (Bestway) has givcen £89k to the Tories, £30k to Labour & £6k to the LibDems.

  • http://twitter.com/jamescowley/status/11423018042 James Cowley
  • Henry

    PR Week (14/10/09) reported that the Tories were planning to give Stuart Rose a peerage.

  • Mr. Sensible

    Totally not surprised.

    Cameron thinks he can pay for this by “efficiencies”, when I seem to remember George deriding the use of efficiency for things like this?

    At any rate, this pledge alone will cost billions, and I somehow doubt that efficiencies alone would save enough money to pay for this pledge, let alone the rest of Cameron’s tax policy.

    And I seem to remember Branson, who I believe has also signed the letter being a non-dom?

    Not to mention Sir Stuart Rose being 1 of 2 chief execs at MNS!

  • http://www.redragonline.com/ Ollie Cromwell

    Will I think you have put your left foot in your mouth.

    They didn’t sign a letter supporting Tory policy as good for their businesses because they had given half a million pounds. They gave half a million pounds to support the Tories because they believe Tory policies are good for their business and provide a better environment for them to flourish, entirely consistent with their letter.

    This is exactly the same reason that one of the people commenting Charlie Whelan and his Unite union fund Labour, because they believe that Labour provides a better environment for militant trade unions to flourish, entirely consistent with them placing Jack Dromey into a safe Labour seat and Gordon Brown refusing to support the BA staff who went to work during a totally unjustified strike.

    What a terrific own goal!

  • http://twitter.com/josephlaking/status/11425872354 Joe Laking

    RT @wdjstraw: It gets worse RT @leftfootfwd: UPDATE: Including co's run by tax letter signatories, total Tory donation is £2.5m http://bit.ly/ajXcKW

  • http://twitter.com/sophiaparker/status/11426024280 sophiaparker

    RT @wdjstraw: It gets worse RT @leftfootfwd: UPDATE: Including co's run by tax letter signatories, total Tory donation is £2.5m http://bit.ly/ajXcKW

  • http://twitter.com/magsnews/status/11426122973 Mags W

    @wdjstraw It gets worse RT @leftfootfwd: re Tory donation is £2.5m http://bit.ly/ajXcKW << great work guys ! dig dig dig…

  • http://twitter.com/mcgregormt/status/11423588844 Matthew McGregor

    RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW

  • http://twitter.com/sherwinrice/status/11426469949 sherwin rice

    hope these 'business leader' donations make it into the news http://bit.ly/bi18Z3 @krishgm

  • Henry

    LFF are only scratching the surface with their list. You need to look at the companies.

    Aggregate Industries (Bolsover)have donated £100k, JCB (Bamford), £734k Harris Ventures (Lord Harris) a stunning £1.186 million. That’s £2 million without trying. And I haven’t time to go through the whole list…

  • http://twitter.com/lindapalermo/status/11426564902 Seth Jacobson

    Quelle surprise! From Left Foot Forward: Tax letter business leaders gave £2.5m to Tories http://bit.ly/9GpolP

  • http://twitter.com/psbook/status/11424374522 Political Scrapbook

    RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW << what a surprise(!)

  • http://twitter.com/martininma/status/11427322682 Martin Vowles

    RT @wdjstraw: It gets worse RT @leftfootfwd: UPDATE: Including co's run by tax letter signatories, total Tory donation is £2.5m http://bit.ly/ajXcKW

  • http://twitter.com/icancountmusic/status/11427543553 Matt Sweeney

    RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW

  • http://twitter.com/tomcallow/status/11425239255 Tom Callow

    RT @leftfootfwd: Tax letter business leaders gave £500k to Tories: http://bit.ly/ajXcKW < including their firms it is actually £5 million!

  • http://www.diconcertediscursives.blogspot.com Kelly-Marie Blundell

    Southeastern Trains donated £2 million. Then removed safety critical station staff the day after the crash in Brussels with Eurostar due to no safety critical staff.
    All a great big ol’ boys club keeping each other sweet.

  • Harry

    Missed a few Will:

    Aggregate Industries – £50k
    http://conservativehome.blogs.com/thetorydiary/2010/02/conservatives-raised-more-than-twice-as-much-money-as-labour-in-the-final-quarter-of-2009.html

    Jonathan Marland (ex director, Jardine Lloyd Thompson and ex tory treasurer)
    http://en.wikipedia.org/wiki/Jonathan_Marland,_Baron_Marland

    Lord Harris of Peckham (Tory Peer)
    http://en.wikipedia.org/wiki/Philip_Harris,_Baron_Harris_of_Peckham

    Sir Stelios Haji-Ioannou (Tory Adviser – New Enterprise Council)
    http://en.wikipedia.org/wiki/Stelios_Haji-Ioannou

    Mitchell & Butlers have received substantial investment from Mr Tchenguiz a Tory donor

    Whitbread Tory donors
    http://www.independent.co.uk/news/business/whitbread-chiefs-pay-lifted-14-to-471000-pounds-1424921.html

    Bestway Cash and Carry – support Dominic Grieve
    http://www.theyworkforyou.com/regmem/?p=10243

  • http://twitter.com/steffanapsion/status/11425659562 Steve Jones

    RT @leftfootfwd: UPDATE: Including companies run by Telegraph tax letter signatories, total Tory donation is £2.5m http://bit.ly/ajXcKW

  • http://twitter.com/thedancingflea/status/11425661418 Claire Spencer

    RT @leftfootfwd: UPDATE: Including companies run by Telegraph tax letter signatories, total Tory donation is £2.5m http://bit.ly/ajXcKW

  • http://twitter.com/tom_watson/status/11425730680 tom_watson

    RT @leftfootfwd: UPDATE: Including companies run by Telegraph tax letter signatories, total Tory donation is £2.5m http://bit.ly/ajXcKW

  • http://twitter.com/cllrtheo/status/11425766782 Theo Blackwell

    RT @tom_watson: RT @leftfootfwd: UPDATE: Including companies run by Telegraph tax letter signatories, total Tory donation is £2.5m http://bit.ly/ajXcKW

  • http://twitter.com/wdjstraw/status/11425780740 Will Straw

    It gets worse RT @leftfootfwd: UPDATE: Including co's run by tax letter signatories, total Tory donation is £2.5m http://bit.ly/ajXcKW

  • http://twitter.com/paulsandars/status/11425790648 Paul Sandars

    RT @tom_watson: RT @leftfootfwd: UPDATE: Including companies run by Telegraph tax letter signatories, total Tory donation is £2.5m http://bit.ly/ajXcKW

  • Peter Good

    Some of these businessmen have also donated to Labour, just like Alan Sugar

  • http://twitter.com/james4chelt/status/11425866992 James Green

    RT @leftfootfwd: UPDATE: Including co's run by tax letter signatories, total Tory donation is £2.5m http://bit.ly/ajXcKW

  • http://twitter.com/jo_cox1/status/11425919299 Jo Cox

    RT @wdjstraw: It gets worse RT @leftfootfwd: UPDATE: Including co's run by tax letter signatories, total Tory donation is £2.5m http://bit.ly/ajXcKW

  • http://twitter.com/andy_s_64/status/11426077547 Andy Sutherland

    RT @tom_watson: RT @leftfootfwd: UPDATE: Including companies run by Telegraph tax letter signatories, total Tory donation is £2.5m http://bit.ly/ajXcKW

  • Matt

    Nice to see the corrupt face of the Tory party shining through. Using their donors to back their NI pledge in a newspaper that has traditionally supported the Tory party. Democracy is alive and well I see. It’s all smoke and mirrors with the tory party.

  • Peter Good

    Labour even took a donation from Enron!!!

    http://www.red-star-research.org.uk/subframe3.html

  • http://twitter.com/ruthsmeeth/status/11429345782 Ruth Smeeth

    RT @tom_watson: RT @leftfootfwd: UPDATE: Including companies run by Telegraph tax letter signatories, total Tory donation is £2.5m http://bit.ly/ajXcKW

  • http://www.morningstaronline.co.uk/index.php/news/content/view/full/72637 Solomon Hughes

    I like the idea that we should take economic advice from one of board members of Lehman Brothers, who sat on the banks Audit Committee right up to its collapse (step forward Chris Gent, who signed this letter)

  • http://twitter.com/hanlemic/status/11429669302 Michael Hanley

    RT @leftfootfwd: UPDATE: Including companies run by Telegraph tax letter signatories, total Tory donation is £2.5m http://bit.ly/ajXcKW

  • robbie bobbie

    Having a bad day lads? News cycle not going as planned?

    :D

  • ollie

    So what if they have donated to the Tories? Do you guys make a fuss when Unions hand over millions to Labour to push their special interests? No, of course not.

    There is a real stench of desperation from Labour on this issue. How long will it be before some minister overtly attacks theses businesses? We all know the Left detest wealth creation – even though they are addicted to spending it.

    Seeing Mandelscum, Zippy and Virgil trot out the same old crap at that press conference this morning was at once hilarious, and profoundly desperate. They were wrong footed, and they know it.

    Roll on the election.

  • http://twitter.com/centrepartin/status/11431339570 Martin Parks

    RT @tom_watson: RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW <-bound to have come out

  • Harry

    Cameron directly took gifts from JCB (JCB Research) and Lord Harris (and Harris Ventures Limited)
    http://www.publications.parliament.uk/pa/cm/cmregmem/100324/100324.pdf

  • Mr. Sensible

    Ollie at least the unions tend to act in the interest of workers, even if I don’t really like it when they take industrial action.

    And unlike some people union members pay UK taxes…

  • http://twitter.com/f8vnz/status/11429155249 Philip Painter

    RT @leftfootfwd: UPDATE: Including companies run by Telegraph tax letter signatories, total Tory donation is £2.5m http://bit.ly/ajXcKW

  • http://twitter.com/davidwearing/status/11432550527 David Wearing

    RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW

  • http://twitter.com/maximusmanc/status/11429581097 Max p

    RT @leftfootfwd: UPDATE: Including companies run by Telegraph tax letter signatories, total Tory donation is £2.5m http://bit.ly/ajXcKW

  • http://twitter.com/meatchapelseat/status/11429632154 Graham_Pugh
  • http://melangerie.blogspot.com Philip Walker

    So, say eight of the companies have Tory links. Care to explain why the heads of fifteen major British firms think Labour’s plans are bad news?

    Mr. Sensible: shareholders are people too. They pay taxes trough the companies they own, and also on capital gains and dividends. If the unions stick up for workers’ interests, why shouldn’t management stick up for shareholders’ interests? For the sake of declaring my interest, I write as a shareholder, albeit not one whom anyone reasonable would call super-rich.

  • http://angrywalrus.blogspot.com Angry Walrus

    Of course, you’re ignoring the £12.5m donated by Lord Sainsbury, Justin King’s boss.

    That makes this £2.5m donated to the Tories look like small change.

    http://bit.ly/a3TLO5

  • http://twitter.com/chakrabortty/status/11433589473 Aditya Chakrabortty

    RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW

  • http://twitter.com/fatcouncillor1/status/11433661368 The Fat Councillor

    RT @jamescowley: RT @leftfootfwd: Tax letter business leaders gave £500k to Tories http://bit.ly/ajXcKW >> (cont) http://tl.gd/muleh

  • John77

    Oh, it’s terrible that some people who think Tory policy is right make a contribution to the party?
    Meanwhile David Sainsbury has given over £15m to the Labour Party and coincidentally it has changed Planning Legislation, against the advice of the independent advice from the Commission set up to advise it, in a way that significantly helps Sainsbury plc

  • Mr. Sensible

    The fact remains this pledge is unfunded, and the tory tax policy altogether is going to mean cuts, cuts, cuts.

    That’s the bred and butter of it.

  • Mr. Sensible

    I’m sure that those retailers would prefer an increase in VAT, wouldn’t they.

  • http://billyblofeld.wordpress.com Billy Blofeld

    All this re-tweeting. Clearly Call-Me-Dave has caused the socialists to crap their pants.

    Heaven forbid Dave comes out with a 2nd policy – there would be total anal-meltdown in Islington.

  • http://billyblofeld.wordpress.com Billy Blofeld

    ………..anyway – I thought Boy-George-Osborne was supposed to be the weak link?

    At the moment he appears to be giving Labour a 2nd damned good kicking (the first obviously causing Gordon to bottle the election that never was).

  • Harry

    I think the point is that a lot of these supposedly independent businessmen have given money or have links with the Conservative party. Cutting camera-on comes on TV and says this a defining moment but this is just tory spin, the real headline should be “Shock horror: Tory supporters, support a Tory policy” or “Tories prefer to cut business taxes and public services”

  • http://twitter.com/martinmcivor/status/11438043037 Martin McIvor

    RT @leftfootfwd: UPDATE: Including companies run by Telegraph tax letter signatories, total Tory donation is £2.5m http://bit.ly/ajXcKW

  • Steven M

    Billy Blofeld, do you just follow the articles on this website to jump in and show you’re more of a tory lap dog then the rest of the tory blogosphere? Does eric pickles give you sweets when you perform a task well?

    You should get out more…

  • http://www.flickr.com/photos/billy_blofeld/ Billy Blofeld

    @Steven M

    No – do you? I only comment on the interesting articles on LFF.

    I’m not a Tory.

    I’d like to give Eric Pickles a slap – the Heir-To-Prescott. To be fair, I’d like to give Prescott a much bigger slap.

    P.S. I am amused to see you can get your knickers so easily in a twist.

    Right – I’m finishing work now and I’m off to the pub. Night ladies.

  • http://twitter.com/roybailey/status/11442007991 Roy Bailey

    RT @thedancingflea: RT @leftfootfwd: UPDATE: Including companies run by Telegraph tax letter signatories, total Tory donation is £2.5m http://bit.ly/ajXcKW

  • http://twitter.com/theday2day/status/11449491216 Adam White

    RT @oranjd RT @leftfootfwd: Tax letter business leaders gave £2.5m to Tories http://bit.ly/ajXcKW

  • http://twitter.com/barbaraacannon/status/11449968921 Barbara Cannon

    RT @leftfootfwd: Tax letter business leaders gave £2.5m to Tories http://bit.ly/ajXcKW

  • http://twitter.com/oranjd/status/11449352535 James Doran

    RT @leftfootfwd: Tax letter business leaders gave £2.5m to Tories http://bit.ly/ajXcKW

  • http://twitter.com/kevinrye/status/11449474502 kevinrye

    RT @oranjd: RT @leftfootfwd: Tax letter business leaders gave £2.5m to Tories http://bit.ly/ajXcKW

  • http://twitter.com/paul0evans1/status/11473523140 Paul Evans

    'Tory donors agree with Tory policies' shock http://bit.ly/9dIFC4

  • Any Colour but Brown

    As always the Mandlebum-lickers try to exaggerate anything anti-Tory into a smear campaign and sweep their own corruption under the carpet.
    The fact that Brown, himself, called NIC a “tax on jobs” is, also, blithely forgotten. Source: Hansard.

  • Mr. Sensible

    ‘ Any Colour but Brown’, I don’t think anyone likes putting up taxes, but we have to be realistic; those same Tories have lectured us about the need to cut debt.

    The fact is that those retailers oppose this, yet 1 of the alternatives would be to increase VAT. Would they rather that?

  • Henry

    Seems the Bamford family (& JCB companies) have alone given the Tories around £2.75 million. And that excludes their donations to the Midlands Industrial Council & Shadow Cabinet ministers’ offices.

  • http://twitter.com/gailcartmail/status/11485429428 Gail Cartmail

    RT @leftfootfwd: Tax letter business leaders gave £2.5m to Tories http://bit.ly/ajXcKW

  • john

    If you look at the full list of companies that signed the letter to the Telegraph most are in retail, most employ part time just above minimum wage. So how can they claim it will be a tax on jobs when the threshold for paying the increase NI will be 20k.

  • ollie

    ” most employ part time just above minimum wage…..”

    Aaahhh here is the REAL reason why the Left are so bitter over this story. The cracks are beginning to show – and the Old Left’s detestation of private business, enterprise, wealth creation, etc, etc, etc are here for all to see.

    Brilliant news for the Tories that Labour are going back to their stone age roots.

    By the way, where is MaCavity hiding? Trouble brewing for his party, and here we are again, the PM of this country is nowhere to be seen or heard – like the snivelling, gutless sham that he is.

    I cannot wait to see Brown’s three year long delusion come to a spectacular end.

  • John77

    “john” says “… most employ part time just above minimum wage. So how can they claim it will be a tax on jobs when the threshold for paying the increase NI will be 20k.”
    Because IT WILL BE. Your remark however would refute the claim by many bloggers that they are doing it out of self-interest IF IT WAS TRUE.
    Elementary economics says that once the price of producing goods rises above the price at which rivals sell competing goods a firm cannot sell them profitably: unless it has another line of highly profitable goods which it can use to cross-subsidise (hoping the EU regulator doesn’t notice) it has to reduce costs by sacking people. You can stop paying dividends but you can only operate at a loss up to the point where you have so nearly exhausted shareholders’ capital that costs of closing down (including statutory redundancy payments) will wipe out what is left.

  • Henry

    Don’t yer love it? The Tories have announced that Osborne’s NI plan is backed by the Chairman of Alliance Boots….the company who hired as CEO the guy who screwed up HBOS & cost we taxpayers zillions of pounds.

  • Mr. Sensible

    John the fact that most of them are in retail is half my point; would they rather pay extra VAT?

    BTW, I notice listening to the news tonight that Ian Waterstone is swimming against the tide on this. As soon as I can find a link to a news story about that I’ll post it here.
    Ah, Henry, Boots; the company that are evidently so anti-regeneration in Nottingham through wanting to scrap the Workplace Parking Levy.

  • Mr. Sensible

    BTW, is this the most commented article LFF has had, Will?

  • http://thoughcowardsflinch.com/2010/04/02/when-business-leaders-talk-bollocks/ When business leaders talk bollocks « Though Cowards Flinch

    [...] the significance of this support for Osborne and co and whether voters will be swayed by it, or by the pre-existing funding links between the business leaders and the Tories, no-one seems to be too bothered about how [...]

  • http://www.poblish.org/flags/flags.jsp?id=302 poblish | Flag details…
  • chengetai

    This smacks of capitalism fighting back and all progressives must unite rebutting this. I would like to know whether any of these bosses supported the minimum wage. I also notice that the signatories were too scared to defend their position on TV.

    Most importantly, the signatories did not say how an increase in VAT (which is what they support by default) would impact on the poor.

    I am not impressed neither am I supprised that big business support the Tories.

  • Mr. Sensible

    chengetai whilst I agree with you I think we need to be careful; the Tories have denied that they will increase VAT, even though we know that’s what will happen.

  • http://twitter.com/drjasonabbott/status/11706672076 DrJasonAbbott

    Revealed donations to Tories by business leaders who oppose 1% cut in N.I http://tiny.cc/idmhv

  • http://twitter.com/drjasonabbott/status/11706761262 DrJasonAbbott

    #fighters Donations to Tory party by business leaders who oppose 1% cut in N.I revealed http://tiny.cc/idmhv

  • http://twitter.com/drjasonabbott/status/11706627711 DrJasonAbbott

    Revealed donations to Tories by business leaders who oppose 1% cut in N.I #fb http://tiny.cc/idmhv

  • Nicholas

    I hope they keep giving. We need to get rid of this left wing nonsense from our country. If you want to start a recession keep increasing the public sector without improving its productivity. You commies just don’t get it!
    1. Public Spending IS NOT the same as investment.
    2. Reducing Taxes is not taking the money out of the economy.
    3. Stop taxing our economy into a massive recession!

  • joefd

    they also donated or paid over 60k to conservative members of parliament – including 8k to cameron and 45k to hague… http://www.publications.parliament.uk/pa/cm/cmregmem/100324/100324.pdf

  • Chris

    I find it amusing that a lot of the tory cheerleaders are yet to realise that they are taking a real battering in the polls over this NI issue.

    Mandelson, Brown aren’t that stupid. They’ve been trying to pick this fight on purpose. Brown could have easily left it alone. He was back on at it yesterday. Trying to bait business.

    Why?

    Latest Sun Poll yesterday suggests that 48% of the electorate disagree with cutting NI. Amazing but true.

    Only 28% back the policy.

    Guardian poll. 70% of people would prefer NI to be raised instead of VAT.

    Tory poll lead has plummeted from 10% to 5% in 4 days over this. The more corporate fat cats that back Cameron, the worse it gets.

    Queue Dave snivelling in his press conference for Brown “to stop fighting with business leaders”.

    He knows full well the conequences of it all. They are losing support.

  • Chris

    “2. Reducing Taxes is not taking the money out of the economy.”

    Nicholas. A quick lesson in economics.

    Cameron’s prime complaint with NI is that it will stop people hiring, cut the amount of jobs in the economy, and cut the number of tax payers. As well as raise benefit payments.

    A hit to the economy.

    Cameron’s hapless plan? Cut 8% of all public sector job!? That’s 600’000 jobs in less than a year supposedly.

    600’000 less tax payers
    600’000 more people claiming benefit.

    Huge amounts of money taken out of the economy

  • http://www.leftfootforward.org/2010/04/headteachers-say-only-labour-will-increase-school-spending/ Headteachers say only Labour will increase school spending | Left Foot Forward

    [...] insurance contributions – business leaders who, Left Foot Forward revealed, have donated at least £2.5 million to the Conservative Party. Share | Permalink | Leave a comment Click here to [...]