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If Ed Balls needs a businessman’s support, I’m in

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As a financial entrepreneur, I find attacks on Labour’s business policy extraordinary. How can it be anti-business to get rid of tax loopholes, or to stay in the EU?

It seems businessmen like me are something of a rare breed. For days now, we have read the words of many a company boss wheeled out to attack Labour business policy, while of course backing the Tory strategy.

As a successful City-based entrepreneur with an interest in politics, I have found the recent attacks on Labour increasingly extraordinary. Business is of course vital to Britain’s economic recovery, and supporting business to create jobs and growth must be a priority for any new government. But the idea that to be “supportive of business” the Labour party can’t challenge the status quo where the market is failing or distorted is wrongheaded – and politically and economically puerile.

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