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Member Article

Over 100 business leaders sign open letter supporting Tories

103 business leaders from companies that collectively employ over half a million people have written an open letter to the Daily Telegraph stating that the Conservative-led government has been “good for business”

The executives range from companies such as Primark, Costa Coffee and Ladbrokes and represent brandes including Kingsmill, Robinsons and Tango.

Within the letter the business leaders say that a change in course will “threaten jobs and deter investment” sending a “negative message about Britain” putting recovery at risk.

Among the signatories there are nine senior executives from FTSE 100 companies, 21 FTSE 250 companies and a range of entrepreneurs.

The letter in full was published in the Daily Telegraph it reads:

“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.

“The result is that Britain grew faster than any other major economy last year and businesses like ours have created over 1.85m new jobs.

We believe a change in course will threaten jobs and deter investment. This would send a negative message about Britain and put the recovery at risk.“

This was posted in Bdaily's Members' News section by Sophia Taha .

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