Thursday 25 April 2002

Business AM reports today that some of Labour's business donors aren't too happy with the budget. The real mystery is why any businessperson would expect a Labour government to be anything other than anti-business. Of course, the Conservatives and the Illiberal Democrats aren't much better. At least the Sunbed Socialist Party doesn't claim to be pro-business, but what of the Nationalists? Their new "Economic Policy and Positioning" document - not yet approved by their membership - calls for a reduction in corporation tax but is unclear on the SNP's plans for income tax. I suspect that this will be the main ongoing story between now and next year's Scottish election.

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