Business supports George Osborne’s national insurance cut – Telegraph

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Business supports George Osborne's national insurance cut - Telegraph.

23 business leaders wrote to the Telegraph (surprise, surprise) to say:

The Government’s proposal to increase national insurance, placing an additional tax on jobs, comes at exactly the wrong time in the economic cycle.

It's a blatant pro Tory letter.

Look at some who signed:

Ian Cheshire
Chief Executive, Kingfisher plc
Lord Harris of Peckham
Chairman and Chief Executive, Carpetright plc
Justin King
Chief Executive, J Sainsbury plc
Ben Gordon
Chief Executive, Mothercare plc
Alistair McGeorge
Chief Executive, Matalan
Sir Stuart Rose
Executive Chairman, Marks & Spencer plc
Joseph Wan
Group Chief Executive, Harvey Nichols
Simon Wolfson
Chief Executive, Next plc
Zameer Choudrey
Chief Executive, Bestway Cash & Carry

Yep, they're all retailers, mostly paying minimum wage or little more.

And the change protects those earning less than £20,000.

So what's the beef, apart from politics, and nothing more?


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