Labour ready to go

Just to add that the Tesco chairman said that Labour would be ready to introduce a rounded and complete government from day 1.

I wouldn’t expect anything else, they are not likely to say we do not have a plan and are not ready…

GrannyGravy13

I wouldn’t expect anything else, they are not likely to say we do not have a plan and are not ready…

No I’m not saying that Labour said it - what I am saying is that the Tesco Chairman asked for and received all the plans etc from Labour - it was his opinion not Labour’s.

He was impressed and confident that Labour was a government in waiting,

Let's hope he tells his "business" pals and word finally gets out!

I think that you will find that business had already woken up and realise that the Tories are no longer the government for business but a government for the very wealthy.

Labour are now offering the regime that business requires.

The Tesco Chairman? 😁

He might have a shock if Labour do get in

his overall remuneration package was 224 times higher than the median employee salary at Tesco

Let's hope they do get in and bring back some realism to the disproportionate remuneration of these fat cats compared to that of their employees.

Correction - that is the CEO's salary.
The Non-Executive Chairman earns less but what exactly does he do for his huge remuneration?
He's stepping down in the foreseeable future.

www.thegrocer.co.uk/the-grocer-blog-daily-bread/is-there-any-truth-to-tesco-chairman-john-allans-inflammatory-inflation-claims/675546.article

Callistemon21

The Tesco Chairman? 😁

He might have a shock if Labour do get in

his overall remuneration package was 224 times higher than the median employee salary at Tesco

Let's hope they do get in and bring back some realism to the disproportionate remuneration of these fat cats compared to that of their employees.

Not if he votes for them as he said he would.

He has nothing to fear from Starmer's party. Very similar to the Tories, just not quite as much incompetence.

I have to admit that I'm rather apprehensive about Labour appealing to big business. How are they going to reconcile the demands of big businesses and the needs and wellbeing of the people who work in them.

I have no problem with Labour working with SMEs; these are the backbone of our economy, are massively run by skilled 'working class' (I struggle to find a suitable replacement for that term in this context) tradespeople or enterprising individuals who need protection against 'big business' and local economies that are suited to their needs and those of the people they serve. I don't think that the tories have had much regard for them over the years.

Ilovecheese

He has nothing to fear from Starmer's party. Very similar to the Tories, just not quite as much incompetence.

This is it, Ilovecheese.

I don't know if you are correct or if Labour is being determinedly centrist in order to stave off the right wing media and will become more leftish once they get into power.

callistemon I think in a way the point isn’t about one particular business head, but the way that business is now coming to the conclusion that the Tories are no longer to be depended on, (look at the CBI) but that indeed it is Labour that has the plan and policies that businesses desperately need.

MaizieD

Ilovecheese

He has nothing to fear from Starmer's party. Very similar to the Tories, just not quite as much incompetence.

This is it, Ilovecheese.

I don't know if you are correct or if Labour is being determinedly centrist in order to stave off the right wing media and will become more leftish once they get into power.

Labour needs all the support it can get, and we need to get rid of the Tories.

In a way it shows how bloody desperate it has got for business to be turning away from the Tories😄

Businesses of all sizes were given assistance in the budget and taxation was simplified for SMEs.

Any attempt at limiting salaries in business would be disastrous. Salaries of the likes of the Tesco CEO and chairman are already subject to approval by a remuneration committee and shareholders also have a big say.

Any attempt at limiting salaries in business would be disastrous.

Dare I ask why?

MaizieD

^Any attempt at limiting salaries in business would be disastrous.^

Dare I ask why?

I would hazard a guess that if salaries are limited in the UK that people at the top would move elsewhere.

Market forces determine private sector salaries, not Governments.

Whitewavemark2

Tesco Chairman on QT said that he had seen Labours plans and policies that they will enact if they win the election, and said he is impressed with the detail and soundness, including child care plans and policies which the Tories have tried to copy but it was “back of a fag packet” stuff and nothing concrete underlying the headlines.

We have to be patient and wait until nearer the election, to read what these policies are, as it is clear from the Tories that they will try to copy so much of labours plans as they have completely run out ideas.

Tesco chairman would give labour his vote.

This is spot on.

Exactly GG. Thank you. I’m surprised Maizie had to ask the question.

Germanshepherdsmum

Businesses of all sizes were given assistance in the budget and taxation was simplified for SMEs.

Any attempt at limiting salaries in business would be disastrous. Salaries of the likes of the Tesco CEO and chairman are already subject to approval by a remuneration committee and shareholders also have a big say.

Who says that is labour policy?

My post was in reply to Callistemon @ 10.16.

Do we think that all high earners are solely motivated by the money though? Living in vibrant London with their families, they might not wish to uproot their children from their schools or their partners from their jobs.

By no means all high earners live in London. Many even commute from abroad. But you have to pay for talent.

Germanshepherdsmum

Businesses of all sizes were given assistance in the budget and taxation was simplified for SMEs.

Any attempt at limiting salaries in business would be disastrous. Salaries of the likes of the Tesco CEO and chairman are already subject to approval by a remuneration committee and shareholders also have a big say.

So you are not saying that limiting salaries in business is Labour policy?