SHAUN BAILEY

Conservative Candidate for Hammersmith & Shepherds Bush

April 2010

Dear Local Business Owner,

Labour’s proposed increase of 1% in National Insurance is a tax on jobs. It will come at

exactly the wrong time in the economic cycle as Britain tries to climb out of the worst
recession in 60 years.

There are now over 80 prominent business leaders who have called for this tax on jobs to
be scrapped. They have welcomed Conservative plans to start reducing government waste
now, rather than waiting until 2011.

As the business leaders have said: ‘Cutting government waste will not endanger the
recovery – but putting up national insurance will’.

Please see overleaf for the letter that business leaders have signed up to, I am asking you
if you would like to add your name to this growing list.

In Hammersmith, one of the key challenges is the struggle that small businesses face with
high business rates and a weak economic environment. And if we are to get unemployment
in Hammersmith down, you need the support of central government to help our residents.

Together, we can get our economy moving again.

Yours sincerely,

Shaun Bailey
Conservative Parliamentary Candidate for Hammersmith

The change we need.

.uk
Shaun Bailey Campaign, 4 Greyhound Road, London W6 8NX
email: shaun@shaunbailey.co.uk - telephone: 020 7385 1002 www.shaunbailey.co
Promoted and printed by Greg Smith on behalf of Shaun Bailey both at 4 Greyhound Road, London W6 8NX
 BUSINESS LEADERS LETTER
The Government's proposal to increase national insurance, placing an additional tax on jobs, comes at
exactly the wrong time in the economic cycle. In a personal capacity, we welcome George Osborne’s plan
to stop the proposed increase in national insurance by cutting Government waste. In the last two years,
businesses across the country have cut their costs without undermining the service they provide to their
customers. It is time for the Government to do the same.
Few would argue that the state cannot improve. In the last few years, the private sector has improved its
productivity by around 20 per cent, while productivity in the public sector has fallen by three per cent.
Savings can be made by removing the blizzard of irrelevant objectives, restrictive working practices, arcane
procurement rules and Whitehall interference. Mr Osborne’s announcement marks the beginning of this
debate. As taxpayers we would welcome more efficiency in government.
As businessmen we know that stopping the national insurance rise will protect jobs and support the
recovery.
Cutting government waste won’t endanger the recovery – but putting up national insurance will.
Signed:
Kirby Adams (Chief Executive, Corus); Mark Allen (Chief Executive, Dairy Crest Group plc); Surinder Arora (Chairman, Arora
International Hotels (Sofitel)); Richard Baker (Chairman, Virgin Active plc); Sir Anthony Bamford (Chairman, JCB); Stefan Barden
(Chief Executive, Northern Foods); Robert Bensoussan (Executive Chairman, LK Bennett); Simon Blagden (Chairman, Fujitsu
Telecommunications (Europe)); Bill Bolsover (Chief Executive, Aggregate Industries); Stephen Bourne (Chief Executive, Cambridge
University Press); Tony Brown (Chief Executive, Beales); Dominic Burke (Chief Executive, Jardine Lloyd Thompson); David Cam
(Director, Blackpool Pleasure Beach); Richard Caring (Chairman, Soho House Group and Caprice Group); Ian Cheshire (Chief
Executive, Kingfisher plc); Zameer Choudrey (Chief Executive, Bestway Cash & Carry); Neil Clifford (Chief Executive, Kurt Geiger);
Gerald Corbett (Chairman of Britvic plc, SSL International, moneysupermarket.com); Peter Cullum (Executive Chairman, Towergate
Partnership); Mick Davis (Chief Executive, Xstrata plc); Chris Dawson (Founder and Managing Director, The Range); Philip Day
(CEO Edinburgh Woollen Mills); Ron Dennis (Chairman, McLaren Group); Sir John Egan; Mark Elborne (President & CEO, GE UK,
Ireland and Benelux); Ralph Findlay (Chief Executive, Marston’s plc); Simon Fox, (Group Chief Executive, HMV); Sir Christopher
Gent (Chairman, GlaxoSmithKline plc); Stephen Goodyear (Chief Executive, Young & Co’s Brewery plc); Ben Gordon (Chief
Executive, Mothercare plc); John Griffin (Founder, Addison Lee); Anthony Habgood (Chairman, Reed Elsevier); Sir Stelios Haji-
Ioannou (Founder and Chairman easyGroup); Lord Harris of Peckham (Carpetright plc); Andy Harrison (Chief Executive, easyJet);
Peter Harrison (Chief Executive, Travelodge); Grant Hearn (Chief Executive, Travelodge); Aiden Heavey (Chief Executive Tullow Oil
plc); Peter Hindle (Chief Executive, Jewson); Anya Hindmarsh; Robert Hiscox (Chairman, Hiscox Ltd); Brent Hoberman (Co-founder
lastminute.com and Founder Mydeco.com); Luke Johnson (Founder of Risk Capital Partners and Chairman of Royal Society of Arts);
Neil Johnson (Chairman, Hornby plc and Umeco plc); James Kilbane (Chairman, Grafton Recruitment); John King (Chief Executive,
House of Fraser); Justin King (Chief Executive, J Sainsbury plc); Richard Kirk (Chief Executive, The Peacock Group); Simon Lockett
(Chief Executive, Premier Oil plc); John Lovering (Chairman, Mitchells and Butlers plc); Graham Mackay (Chief Executive,
SABMiller plc); Alistair McGeorge (Chief Executive, Matalan); Rick Medlock (CFO Immarsat plc); Nicholas Moreau (Group Chief
Executive; AXA UK); Stephen Murphy (Chief Executive, Virgin Group Ltd); Charlie Mullins (Managing Director, Pimlico Plumbers
Ltd); Jamie Murray Wells (Founder of Glasses Direct); Archie Norman (Chairman, Aurigo Management Partners LLP); Mike Norris
(Chief Executive, Computacenter); Alan Parker (Chief Executive, Whitbread Plc); Stefano Pessina (Executive Chairman, Alliance
Boots); Tony Pidgeley (Group Chairman, Berkeley Group Holdings plc); Jamie Ritblat (Chief Executive, Delancey); Mark Robertshaw
(Group Chief Executive, The Morgan Crucible Company PLC); Nick Robertson (Chief Executive, ASOS); Sir Stuart Rose (Executive
Chairman, Marks and Spencer plc); Chrissie Rucker (Founder, The White Company); Sir Nigel Rudd; Tim Steiner (Chief Executive,
Ocado); Ted Tuppen (Chief Executive, Enterprise Inns); Michael Turner (Chief Executive, Fuller, Smith & Turner plc); David Tyler
(Chairman, Logica plc); Paul Walker (CEO, Sage plc); Paul Walsh (Chief Executive, Diageo plc); Joseph Wan (Group Chief Executive,
Harvey Nichols); Richard Warburton (Executive Director, Warburtons Ltd); Tom Wells (Chairman, Charles Wells Ltd and Muntons
plc); Nick Wheeler (Founder, Charles Tyrwhitt); Bob Wigley (Chairman of Sovereign Reversions plc); Simon Wolfson (Chief Executive,
Next plc); Hossein Yassaie (Chief Executive, Imagination Technologies Group plc).

If you would like to add your support to the Conservative’s drive to scrap N.I. increases,
please sign your name below and return this sheet to: 4 Greyhound Road, London W6 8NX

Name: ____________________________________________________

Business: ____________________________________________________

email: ____________________________________________________

Telephone: ____________________________________________________

Address: ____________________________________________________

____________________________________________________ Postcode: ______________

Promoted and printed by Greg Smith on behalf of Shaun Bailey both at 4 Greyhound Road, London W6 8NX