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UK election 2005 - Business & economy

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Business urges government to rule out tax rises

Within hours of Tony Blair’s historic victory, business leaders urged the new government to reduce regulation on enterprise and rule out further tax rises on business.

Economic fears for the next four years

A long list of risks to consumption, even if overall economic growth is fine, threatens to overshadow Labour's third term.

The Short View: Investors should be cautious about the election result

The UK markets have taken Labour’s third successive election victory in their stride. But it would be a mistake for investors to be too sanguine, writes investment editor Philip Coggan.

Pound ticks lower as Labour majority narrows

British assets suffered little in the wake of the Labour government’s reduced majority on Friday, although the pound encountered a mild sell off.

Figuring out role of migrant workers

As both Labour and the Conservatives promise curbs, Andrew Taylor looks beyond the populist images of foreign employees to assess their impact on the economy.

Journey fees could replace road tax in UK

A national system of road pricing that would replace taxes on motorists with charges for each journey could be approved halfway through a third Labour term, the transport secretary said.

Farmers say red tape is biggest worry

Farmers are warning that government red tape and reform of the Common Agricultural Policy are their biggest concerns in the run-up to polling day on Thursday.

Related content and features

Sir Christopher Gent

Tax reform is crucial for Britain

Sir Christopher Gent

For the 20 per cent of lowest earners, their tax burden leaves little room for anything beyond essential day-to-day spending, writes Sir Christopher Gent, chairman of the advisory board of Reform.

Digby Jones

Bold promises alone will not sway business

Graphic

Any new government must commit itself not to increase business taxation in the short term and to reduce the burden in the medium term, writes Digby Jones, director-general of the CBI.

Comment

Martin Wolf: Brown deserves more time

Martin Wolf

The economic record is at the heart of the UK government's campaign for re-election. So how successful has Gordon Brown been as chancellor? Pretty successful, must be the answer. But there are noteworthy challenges ahead.

The business vote

The City should vote Conservative

Flight

There are concerns that the national accounts have deteriorated sharply over the past four years, with borrowing £80bn higher than forecast, writes Howard Flight, former deputy chairman of the Conservative party.

Letter to the FT

Tories have best plans to reduce the red tape burden

Conservative Party logo

From 67 business leaders. Sir, The strength of the British economy depends on British business being competitive. The reason we support the Conservatives is because they have a much clearer policy for achieving just this.

Letter to the FT

Business has boomed under the Labour party

Labour rose

From 63 business leaders. Sir, The general election campaign offers the business community a unique opportunity to focus on the choice that is before the electorate regarding the future strength and dynamism of the UK economy.

Business groups’ wishlists

Regulatory reform a priority

Business

Regulatory reform, a competitive tax regime and improved skills and training are some of the areas that have emerged as key priorities for businesses in this election. Read the wishlists of some of the UK’s leading employers’ groups.

The business vote

Election panel: View from the workplace

UK elections

Six chief executives on our election panel share their views on regulation, tax, transport, skills shortages and who they are planning to vote for with FT business correspondent Jonathan Moules.

More election stories

Business urges government to rule out tax rises

Economic fears for the next four years

The Short View: Investors should be cautious about the election result

Pound ticks lower as Labour majority narrows

Figuring out role of migrant workers

Journey fees could replace road tax in UK

Farmers say red tape is biggest worry

Estate agents struggle to explain market lull

Market Insight: UK winners and losers if Labour win

Labour pledges EU economic reform

Blair woos business amid corporate fears

Mixed response to Labour’s business proposals

Why Blair won't put money on euro

Labour sets out strategy to combat red tape

Business takes part in rite of support by letter

Howard rallies key industry leaders

City taking poll prospect in its stride

Business chiefs back political convictions

Brown casts more doubt on euro entry

Views polarise as companies judge Labour's record