sir stuart rose

Jim Pickard

In the run-up to the general election George Osborne scored a big propaganda coup by enlisting the names of scores of business leaders in a letter criticising Gordon Brown’s planned rise in National Insurance.

(No matter that in Osborne’s subsequent Budget VAT went up by a similar amount to help plug the fiscal hole).

For Labour that stung; not least because some of the figures had sat at various times on its own advisory boards. David Miliband has since said, on several occasions, that he never wants Labour to enter a general election campaign with no business support. Read more