BusinessCompany NewsPressure intensifies on chancellor over taxes

Pressure intensifies on chancellor over taxes

Eighty influential business leaders, their representatives and academics today intensified pressure on the chancellor to reduce the tax burden and lower public spending just days ahead of the pre-Budget report.

Link: CBI warns chancellor not to increase tax

In an open letter to The Financial Times, Ruth Lea, director of the Centre for Policy Studies, Matthew Elliott, chief executive of the TaxPayers’ Alliance, Henry Angest, chairman and chief executive of Secure Trust Banking group, and Sir Rocco Forte, founder of Rocco Forte Hotels, among others, wrote: ‘Rather than asking if we can afford to cut taxes, we should take the view that we cannot afford not to cut taxes – to discipline spending growth accordingly’.

They added that large rises in public spending and taxation had ‘not delivered commensurate improvements in public services’.

This follows efforts by the CBI to stop the Chancellor increasing corporate tax in this week’s pre-Budget report.

Related Articles

BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

3m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

7m Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

7m Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

10m Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

10m Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

10m Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

10m Emma Smith, Managing Editor
Mazars strengthens audit team with partner appointment

Accounting Firms Mazars strengthens audit team with partner appointment

10m Emma Smith, Managing Editor