Thursday, November 23, 2006

Be nice to your boss today

Britain’s business leaders are feeling unloved by the politicians right now. Of course, trade unionists among you will wonder how this can be, given the raft of business-friendly policies New Labour have introduced over the last nine years.

From subsidising low pay with tax credits to opening up the public sector through the Private Finance Initiative, the government’s motto might as well be ‘nothing’s too good for the employing class’.

Yet just like the an adolescent hoodie, UK plc feels itself in need of a hug, if this story on the front page of the Financial Times is anything to go by:

‘Business leaders are increasingly despairing of both the main parties' inability or unwillingness to champion British enterprise.

‘The heads of the Confederation of British Industry and the Institute of Directors are warning of growing irritation at the government's inability to deliver on promises, and the failure of the Conservatives under David Cameron to stand up for business.


‘Miles Templeman, director-general of the Institute of Directors, will tell members at its annual dinner tonight that business is waiting to see which party will champion British enterprise.

‘The government is too ready to kick difficult decisions on matters such as energy and transport into the long grass, he will say, while Mr Cameron has threatened to stand up to big business.


‘"There is a situation vacant in British politics for a party that stands up for business as a whole," he will say.’

I was almost feeling sorry for bosses. Almost. Until I got to this story on page five:

‘Chief executives of the top 100 companies in the UK take home an average of £3m after enjoying a 30 per cent increase in their pay packets over the past year, according to a new survey.’

Hey lads, there’s always some consolation, right?

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