UK politicians guilty of 'anti-business sentiment'

Sir Jim Ratcliffe

Sir Jim Ratcliffe's estimated worth is £21bn. Image: DIRK WAEM/AFP/Getty Images

Monday, February 18, 2019

"Anti-business sentiment" may have forced one of the UK's richest businessman to move to Monaco, according to Taxpayers' Alliance spokesperson Chloe Westley.

Sir Jim Ratcliffe, founder of multinational chemicals company Ineos and with an estimated fortune of £21bn, has allegedly relocated to avoid paying £4bn in taxes.

Although the decision has raised eyebrows due to Sir Jim’s support for Brexit, Taxpayers' Alliance campaigns manager Chloe Westley said high taxation and money-consuming regulations made Britain an unattractive choice for businesses.



Speaking to talkRADIO's Toby Young, sitting in for Mike Graham, Ms Westley said: “I think we do have a bit of an anti-business sentiment at the moment from all these politicians who sit in committees and berate businesses for being evil.

"Most of the MPs probably haven’t contributed as much to the country as some of these business leaders, creating jobs and creating revenue."

She added: “It would be nice to hear politicians being a little bit more thankful and a little bit more pro-business, because these are the people who are making our country great.”


'Corbyn is a threat to business'

Labour leader Jeremy Corbyn. Image: Getty

Ms Westley refuted Shadow Chancellor John McDonnell’s claims that Sir Jim’s relocation showed that the ‘greed of the super rich has no limits’.

“I think the greed of bureaucrats has no limits,” she said.

“We have the highest tax burden in 50 years and that’s under a Conservative government - how high would taxes be under a Corbyn government? I think that Corbyn is the greatest threat to businesses in this country.”