Property grandees Sir George Iacobescu, Nick Leslau and Tony Pidgley have added their names to a list of more than 100 top business executives who warn that a Labour government would threaten jobs and deter investment.
The trio – who run British property companies Canary Wharf Group, Secure Income REIT and Berkeley Homes – signed a letter to the Daily Telegraph which praises the coalition government’s decision to cut corporation tax and warns that a change in course would put a recovery at risk.
They were among 103 business leaders from a wide range of industries who signed the letter.
Other built environment heavyweights including JCB chairman Sir Anthony Bamford, ex-British Council of Offices president Sir James Wates and Morgan Sindall chief executive John Morgan also signed the letter alongside retail titans Sir Philip Green and Sir Stuart Rose.
The letter in full
Dear Sirs,
We run some of the leading businesses in the UK. We believe this Conservative-led government has been good for business and has pursued policies which have supported investment and job creation.
David Cameron and George Osborne’s flagship policy of progressively lowering corporation tax to 20% has been very important in showing the UK is open for business. It has been a key part of their economic plan.
The result is that Britain grew faster than any other major economy last year and businesses like ours have created over 1.85m new jobs.
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.
