Conservative David Cameron has promised to make things better for small businesses if he is made prime minister at the next election.
Speaking at a conference held by the Confederation of British Industry, the Tory leader stated the obvious and said: “It’s businesses that create jobs and people who create wealth.”
“We run the real risk of throwing away all economic gains of the 1980s and 1990s unless we act decisively,” he added.
If the conservatives were in power, he said, their policy would include an adaptation of the US Chapter 11 system which gives businesses ‘breathing space’ to work out a recovery plan before they become bankrupt.
Cameron added that the party would “cut corporation tax to 25 pence and fuel taxes would be subject to a ‘fair fuel stabiliser’, which would prevent petrol prices from causing problems for consumers and businesses.”
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