Posts Tagged ‘bonuses’

Why Labour should fear the blowback from its war on business

15/04/2014, 11:22:40 AM

by Samuel Dale

During his doomed leadership contest David Miliband said Labour could not afford to go into the 2015 general election with no business support.

One year ahead that election and that is exactly what is happening. Labour is at open war with business with signs it is about to step up the offensive rather than build bridges.

The list of proposed interventions into industry is dizzying with almost every major sector targeted.

I’m told Labour is planning a policy blitz on no fewer than eight sectors ahead of party conference later this year. It is part of an ambitious agenda to significantly boost consumer rights and hand power back to consumers and away from huge corporations. 

Ed Miliband positions himself as US President Teddy Roosevelt breaking up monopolies and boosting competition. His modern incarnation has been called many names from pre-distribution to progressive austerity or socialism with no money. In 21st Century Britain let’s see what Miliband is actually proposing in your crucial industries.

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