Sir Martin Sorrell, CEO of the advertising group WPP and someone who is considered a close ally of Conservative PM David Cameron, now says it’s hard to tell which party is better for business this election season, hinting it might actually be Labor, the Guardian reported.
Well, that’s not exactly what Sorrell is saying. He’s saying the decision on which party to vote for amounts to “a Hobson’s Choice”— Labor, under its Jewish leader Ed Miliband, is wholeheartedly anti-business. But Labor will not mess with the UK European Union membership. The Tories, on the other hand, will likely seek a referendum on leaving Europe.
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Sorrell said the UK’s uncertain future in Europe under Conservative rule was a problem for many companies investing in Britain.
Sorrell told the Guardian: “From an electoral point of view, Ed Miliband clearly believes bashing business is good for the ballot box and will benefit him.
“It’s a conundrum for business. Labor won’t have a referendum but you might have a regime that is more negative to business, and a referendum makes a Conservative vote that much more difficult.”
Sorrell was born in London to a Jewish family with roots in Russia, Poland and Romania.
Meanwhile, Labor has extended its tiny lead over the Conservatives to 2 points, according to the latest poll—34% vs. 32%.
UK elections will be held in May.
