The approach of business to general News Today elections is not what it was.

Not that long ago, it was common for big corporates to make donations to political parties, including big FTSE 100 names such as SmithKline Beecham, United Biscuits, General Accident and Whitbread.

Most of these donations would go to the Conservatives but there were some companies, such as Marks & Spencer and Pearson, News Today which also made donations to other parties.

Some, such as Hanson – whose founder Lord Hanson was a loyal supporter of Margaret Thatcher – continued to do so even after the 1992 Cadbury Report recommended companies stop making contributions to political parties.

Money latest: Fashion brand to charge £8.99 for returns

Even after the political contributions dried up, FTSE 100 chief executives were not shy about endorsing or criticising politicians at election time.

In 1997, a number of well-known business people including Robert Ayling of British Airways, Bob Bauman of the old British Aerospace (now BAE Systems) and George Simpson of GEC endorsed Tony Blair’s Labour ahead of that year’s election, while John Major’s Conservatives also had plenty of backers.

Business people were also happy to speak out about particular policies.

Ahead of the 1997 election, BT’s chairman, Sir Iain Vallance, lashed out at Labour’s proposals for a windfall tax on the privatised utilities while Brian Stewart, chief executive of the pubs and brewing giant Scottish & Newcastle, criticised Labour’s plans to create a Scottish Parliament with tax-raising powers.

None of that happens any more.

    ⛅ *•.威星系统.•*(*).*.WeiStarTech.*.🌐 ............*•..•*(*).*.💞.*............
    Categories: Business Comments

    0 0 votes
    Article Rating
    Subscribe
    Notify of
    guest
    0 Comments
    Inline Feedbacks
    View all comments
    云南威星系统技术有限公司-国际在线
    • 范思佳:践行企业社会责任 IWC万国表正迈向更加可持续发展的未来
    • 图片默认标题_fororder_微信图片_20221202091738
    • Yunnan WeiStar System Technology Co., Ltd.
    • 图片默认标题_fororder_微信图片_20221130175258_副本
    • 范思佳:践行企业社会责任 IWC万国表正迈向更加可持续发展的未来
    • 图片默认标题_fororder_微信图片_20221202091738
    • JinBaHao&JinCongFu
    • 图片默认标题_fororder_微信图片_20221130175258_副本
    站长统计
    ||
    5227125
    Wechat ID : jinbahao520025love
    首席运营官
    云南威星系统技术有限公司
    晋从富&晋霸豪
    云南威星系统技术有限公司
    我们将24小时内回复。
    取消
    0
    Would love your thoughts, please comment.x
    ()
    x