Business leaders back spending cuts

[Jog On]

Has this been discussed yet today?

BBC News - Business backing for George Osborne's spending cuts

The leaders of 35 of the UK's biggest companies have expressed their support for the government's plans for spending cuts running into billions of pounds.

BBC business editor Robert Peston says that Mr Osborne could not be happier that a group of influential people, such as the 35 business leaders, has at last come out and said they want him to make the deep public spending cuts that he has been promising.

Labour dismissed the letter as "politically motivated".

Robert Peston said in his blog on the cuts that some of the signatories - such as Next chief executive Lord Wolfson and Paul Walsh of Diageo - were widely viewed as Conservative supporters.

Can't see labour getting approval from business leaders for anything

[AtW]

Can't see labour getting approval from business leaders for anything

Nu Liebor was getting plenty of approval from the very same businesses in its time.

[SupremeSpod]

Nu Liebor was getting plenty of approval from the very same businesses in its time.

Quote?

[AtW]

Quote?

"Business leaders declare support for Labour"

Today's pro-Labour letter would seem to testify to the success of New Labour's "prawn cocktail offensive" in the City in which the party has worked hard to dispel its image of high taxation and high spending."

Source: Business leaders declare support for Labour - Business, News - The Independent

[Doggy Styles]

"Business leaders declare support for Labour"

Today's pro-Labour letter would seem to testify to the success of New Labour's "prawn cocktail offensive" in the City in which the party has worked hard to dispel its image of high taxation and high spending."

Source: Business leaders declare support for Labour - Business, News - The Independent

Yes, I remember that.

Labour certainly "dispelled its image of high taxation and high spending".

[gingerjedi]

Yes, I remember that.

Labour certainly "dispelled its image of high taxation and high spending".

Well I'm certainly paying less tax under the Tories, I've earned next to feck all this year.

[Alf W]

Of course they back spending cuts. It saves the government from having to come after them for the wholesale tax avoidance schemes most of them are pulling. I'm sure I read a figure of upto £12bn a year avoided by large UK based corporations through the use of blatant corporation tax avoidance schemes.

This Tory government are corrupt scum.

[AtW]

This Tory government are corrupt scum.

So all those business were not avoiding such taxes under 13 years of Labour and only started it during it after this May's elections? If anything it is the Labour who are scum as they tolerated these businesses doing just that for along time.

[Doggy Styles]

Of course they back spending cuts. It saves the government from having to come after them for the wholesale tax avoidance schemes most of them are pulling. I'm sure I read a figure of upto £12bn a year avoided by large UK based corporations through the use of blatant corporation tax avoidance schemes.

This Tory government are corrupt scum.

What's wrong with using blatant corporation tax avoidance schemes?

It has always been a financial director's job to minimise tax exposure.

[AtW]

It has always been a financial director's job to minimise tax exposure.

Bollox - financial director's job is to ensure company has got sound finance (ie cashflow), money don't get stolen etc.