The signatories of a letter from business leaders - in which they criticise Labour's 50p tax plan - include Sir Stuart Rose, the chairman of Ocado, Sir Ian Cheshire, the chief executive of the DIY giant Kingfisher, and Neil Clifford, the chief executive of the footwear retailer Kurt Geiger.
– Sir Stuart Rose, the chairman of Ocado
This will put at risk all the good work that has been done to put the economy back on track.
– Richard Caring, the owner of Le Caprice and the Ivy restaurants
[I am] deflated to see this negative political attack on those trying to support the fragile recovery… This is a complete downer and discouragement for entrepreneurs.
– Charlie Mullins, the founder of Pimlico Plumbers
It would be suicidal.
Business people aren't against paying tax, just not at such a punitive rate.