The general election is tomorrow and Britain has a choice to make. But how will a vote for the UK’s leading parties affect your business?
1. Conservative Party
David Cameron’s party are aiming to eliminate the deficit by the end of parliament and achieve full employment if they win this week’s general election.
Among the Conservatives’ business policies are plans to cut red tape, reward entrepreneurship with more loans to help start-ups and improve transport to key areas.
Click here to read more about the Conservative Party’s business policies.
2. Labour Party
The Labour Party, led by Ed Miliband, also plan to cut the deficit, as well as increasing the minimum wage and assuring there are apprenticeships available for school leavers.
Other policies include plans to create a “long-term investment culture” to help small businesses and investment in green firms and technologies.
Click here to read more about the Labour Party’s business policies.
3. Liberal Democrats
Nick Clegg’s party pledges to deal with the deficit by 2017/18 and introduce extra corporation tax for the banking sector to raise £1 billion.
Like Labour, the Lib Dems also have a focus on green businesses, aiming to create a “high-skill, low-carbon” economy and half energy demand by 2030.
Click here to read more about the Liberal Democrats’ business policies.
4. UKIP
In a similar vein to the bigger parties, Nigel Farage’s UK Independence Party want to eliminate the deficit by the third year of the new parliament.
Naturally, many of their policies revolve around Britain’s relationship with the EU. UKIP want to remove directives that restrict the economy and negotiate a new trade agreement.
Click here to read the UKIP manifesto in full.
5. Green Party
The Greens, led by Natalie Bennett, are anti-austerity and want to create an extra million public sector jobs by ending the government’s current policy of cuts.
Like Labour, they promise to increase the minimum wage, but also want to ban zero-hours contracts and introduce a 35-hour cap for the working week.
Click here to read the Green Party’s manifesto in full.
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