Skip to content
Saturday 22 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,816.56
+0.64%
DAX
26,136.56
+0.59%
CAC 40
8,484.43
+0.37%
STOXX 50
6,462.22
+0.63%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Thursday 02 April 2015 6:36 am

General Election 2015: More business leaders join chorus of support for Conservative economic plan

By: Jeff Misenti

Add as a preferred source on Google

Ed Miliband's battle with Britain's senior business leaders continued today after another 17 captains of industry signed a letter supporting the Conservatives' economic plan.

Yesterday the Daily Telegraph's front page brandished a letter signed by more than 100 business leaders including household names like BP and Prudential sounding their support for Tory economic policy and warned of reversing cuts to corporation tax.

Among the 17 who decided to add their names to the original letter were the chief executive of BBA Aviation Simon Pryce, chairman of Pinewood Studios Michael Grade and Paul Kelly, the chief executive of Selfridges.

Some Labour supporters fear the backlash from business could prove a crucial weapon in the Tory arsenal in portraying Ed Miliband as anti-enterprise and anti-wealth creation. A pivotal moment during the 2010 General Election campaign was when businesspeople enthusiastically endorsed George Osborne's pledge to halt a rise in National Insurance for those earning less than £45,000.

Labour clashed with many businesses earlier this week over zero-hours contracts. Miliband promised his party would force firms to fire people who had been on zero hours contracts for 12 weeks or hire them on a permanent contract. 

The battle of letters hasn't been entirely one-sided, however. Labour hit back last night with a letter signed by a mixture business people and low-paid workers endorsing Ed Miliband's approach to the economy.

Labour politicians dismissed the pro-Tory letter with Shadow Health Secretary Andy Burnham tweeting "This Telegraph front-page screams out one thing to me: The Tories are the Party of the one per cent, not the 99 per cent."

This @Telegraph front-page screams out one thing to me: the Tories are the Party of the 1%, not the 99%.

— Andy Burnham (@andyburnhammp) April 1, 2015

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

Related Topics

  • General Election 2015

Trending Articles

  • House prices in wealthy London boroughs fall by up to £300,000

  • As it happened: Miners fuel FTSE 100 recovery; oil jumps as Trump claims Strait of Hormuz

  • City law firm sues prominent Emirati business family

  • Amanda Blanc has worked her magic at Aviva

  • As it happened: FTSE 100 rallies after JD Sports drags on blue chips; oil jumps again

More from Morning Wire

  • Where are Andy Burnham’s economic advisers?

    Politics
    Andy Burnham and John Healey at Number 10 North, both wearing suits and ties, with a microphone in the foreground.
  • Tory and Labour councillors spar over £300m Hammersmith Bridge plans

    Politics
    Hammersmith Bridge spanning the River Thames, surrounded by lush greenery and clear blue skies, capturing its iconic archi...
  • What are we to make of John Healey? Time will tell.

    Economics
    John Healey - Chancellor
  • Devolution should mean regions competing for investment

    Opinion
    Manchester skyline with iconic landmarks during a Belfast speech event, highlighting urban landscape and architectural bea...
  • Top economists shun Burnham over wealth taxes

    Politics
    Andy Burnham speaking at a press conference, expressing confidence despite challenges, highlighting leadership and resilie...
  • Lord O’Neill declines job in Burnham government

    Economics
    Jim ONeill, economist and former Goldman Sachs chairman, sitting on a yellow sofa in front of large windows.
  • Burnham urged to axe tourist tax expansion in devolution drive

    Hospitality
    Andy Burnham, Mayor of Greater Manchester, speaking outdoors with a lapel microphone on his suit jacket.
  • Can John Healey deliver Burnham’s make-or-break devolution agenda?

    Economics
    John Healey, in a red tie, speaking with Andy Burnham, wearing glasses and a dark blue jacket, outdoors.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook