Top UK firms support Tories before May 7 poll
London, April 1: Over 100 British company bosses publicly backed Prime Minister David Cameron’s Conservativeled government on Wednesday and warned a change of course for Britain’s $ 2.8 trillion economy under a Labour government would put the recovery at risk.
Opinion polls ahead of the May 7 election indicate neither Mr Cameron’s Conservatives nor the Opposition Labour Party will win an overall majority in the 650- seat Parliament as millions of voters turn to once marginal parties.
“We believe this Conservative- led government has been good for business and has pursued policies which have supported investment and job creation,” the business leaders said in an open letter published in the Telegraph newspa- per.
“We believe a change in course will threaten jobs and deter investment. This would send a negative message about Britain and put the recovery at risk,” they warned.
Among the 103 signatories were the boss of Arcadia retail group Philip Green, BP’s CEO Bob Dudley, entrepreneur Luke Johnson and the outgoing boss of insurer Prudential TidjaneThiam, who is due to become the CEO of Credit Suisse.
Meanwhile, George Osborne will remain Britain’s finance minister if the Conservative Party wins a closely- contested national election on May 7, Mr Cameron said on Wednesday.
— Reuters