Wednesday, 4 February 2015

The decade of despair: The businessmen warning that Miliband wants to take Britain back to the 1970s are right - it would be a catastrophe, writes DOMINIC SANDBROOK


In the past few days it has seemed Ed Miliband is heading for all-out war with the High Street over his increasingly strident attacks on businesses

 First, the Boots boss, now a string of other senior business figures are queuing up to attack Labour’s beleaguered leader.

In the past few days, it has seemed that Ed Miliband is heading for all-out war with the High Street over his increasingly strident attacks on Britain’s businesses.

As Lord Rose, the man who saved M&S, put it in yesterday’s Mail, the Labour leader is in danger of looking like a ‘Seventies throwback’.

Indeed, with his planned National Insurance and corporation tax rises, as well as his attacks on so-called business ‘predators’, Mr Miliband seems determined to rekindle the spirit of the decade that fashion forgot.

Labour MPs naturally shrink at comparisons with the Seventies, when strikes brought the country to a standstill and Jim Callaghan’s government was forced to go cap in hand to the IMF for the biggest bailout in history.

Yet from his cynical pledge to cap energy prices to his controversial mansion tax, Mr Miliband seems intent on banishing all memories of the New Labour years, when Tony Blair and Gordon Brown were eager to prove their business-friendly credentials.

For all Labour’s synthetic outrage, therefore, I think Lord Rose was entirely justified in recalling the climate of the mid-Seventies, which he called ‘the old days of punitive taxes on business-people, of class war and the stirring of resentment’.

In 1974, rather like today, Britain faced a choice between a governing Conservative Party that often seemed out of touch with its own supporters, and a lacklustre Labour Opposition happiest when bashing business and pandering to its Left-wing activists.



Comment:

If you want to see the United Kingdom bankrupt by punitive taxes, and ruined by neo-communist/left wing/socialist and self interested parties like the Greens and Scottish Nationalist  Parties and see Alex Salmond  as Deputy Prime Minister intent on breaking up the United Kingdom because of his self-inflated ego. vote for Labour, If you want our country to continue to see economic growth,  well the choice is easy, vote the Conservatives.  I know what choice I will be making and it’s not voting for Labour


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