Isabel Hardman Isabel Hardman

Should Labour dismiss a letter from 100 business chiefs?

The Labour reaction today to the Telegraph’s high-volume splash on 100 business leaders warning about the dangers of a Labour government has largely been along the lines of ‘how interesting, and tomorrow will you tell us about the Pope’s theology?’ The coverage of the letter, which has the mark of Tory co-chair Lord Feldman, has certainly created a rather stark contrast to the party’s own announcement that it will give workers on zero hours contracts a legal right to request proper hours after 12 weeks. Labour likes this contrast.

The letter says:

Dear Sirs,
We run some of the leading businesses in the UK. We believe this Conservative-led Government has been good for business and has pursued policies which have supported investment and job creation.
David Cameron and George Osborne’s flagship policy of progressively lowering Corporation Tax to 20% has been very important in showing the UK is open for business. It has been a key part of their economic plan.

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