Labour will ‘demonise’ you, Cameron warns UK business

PM parodies Kinnock warning at British Chambers of Commerce, saying business should fear Labour’s attitude to private sector

David Cameron has warned UK business that if the Labour party was elected, corporation tax and business rates would rise because the party under Ed Miliband regards the private sector as bad and the public sector as good.

In a parody of Neil Kinnock’s famous warning in 1983 of the threat posed by the re-election of Margaret Thatcher, the prime minister said: “I warn you not to grow your business, because they’ll come after you. I warn you not to take people on, because they’ll slap taxes on you. I warn you not to create wealth, because they’ll demonise you.