New Enterprise Council (Conservative Party, United Kingdom)
Encyclopedia
The New Enterprise Council is a Conservative Party (UK)
group founded in 2008 to form a link between the party and business leaders. The Council advises the Chancellor of the Exchequer
George Osborne
. http://www.independent.co.uk/news/business/news/osborne-looks-to-court-entrepreneurs-400601.html
Gordon Brown
to end taper relief on capital gains tax
.
The Council is also seen as an attempt to strengthen the Conservative Party's relationship with industry, bringing it more into line with its links to the financial industry through the City Circle (Conservative Party, United Kingdom)
. http://www.marketwatch.com/story/parties-clash-in-corporate-credentials-battle
founder James Murray-Wells is rumoured to be likely to starting a career as Conservative Member of Parliament
shortly. http://cmypitch.com/blogs/show/559/glasses_direct_s_murray_wells_rise_continueshttp://www.ft.com/cms/s/0/095a2a2c-539f-11de-be08-00144feabdc0.html
Business Council, possibly because of the emphasis on entrepeurs rather than representatives of large corporations. http://www.marketwatch.com/story/parties-clash-in-corporate-credentials-battle
Members include http://www.marketwatch.com/story/parties-clash-in-corporate-credentials-battle:
Conservative Party (UK)
The Conservative Party, formally the Conservative and Unionist Party, is a centre-right political party in the United Kingdom that adheres to the philosophies of conservatism and British unionism. It is the largest political party in the UK, and is currently the largest single party in the House...
group founded in 2008 to form a link between the party and business leaders. The Council advises the Chancellor of the Exchequer
Chancellor of the Exchequer
The Chancellor of the Exchequer is the title held by the British Cabinet minister who is responsible for all economic and financial matters. Often simply called the Chancellor, the office-holder controls HM Treasury and plays a role akin to the posts of Minister of Finance or Secretary of the...
George Osborne
George Osborne
George Gideon Oliver Osborne, MP is a British Conservative politician. He is the Chancellor of the Exchequer of the United Kingdom, a role to which he was appointed in May 2010, and has been the Member of Parliament for Tatton since 2001.Osborne is part of the old Anglo-Irish aristocracy, known in...
. http://www.independent.co.uk/news/business/news/osborne-looks-to-court-entrepreneurs-400601.html
Issues
A particular issue cited in the Council's founding were plans by the then Chancellor of the ExchequerChancellor of the Exchequer
The Chancellor of the Exchequer is the title held by the British Cabinet minister who is responsible for all economic and financial matters. Often simply called the Chancellor, the office-holder controls HM Treasury and plays a role akin to the posts of Minister of Finance or Secretary of the...
Gordon Brown
Gordon Brown
James Gordon Brown is a British Labour Party politician who was the Prime Minister of the United Kingdom and Leader of the Labour Party from 2007 until 2010. He previously served as Chancellor of the Exchequer in the Labour Government from 1997 to 2007...
to end taper relief on capital gains tax
Capital gains tax
A capital gains tax is a tax charged on capital gains, the profit realized on the sale of a non-inventory asset that was purchased at a lower price. The most common capital gains are realized from the sale of stocks, bonds, precious metals and property...
.
The Council is also seen as an attempt to strengthen the Conservative Party's relationship with industry, bringing it more into line with its links to the financial industry through the City Circle (Conservative Party, United Kingdom)
City Circle (Conservative Party, United Kingdom)
The City Circle is an organization created in 2004 to promote links between the London based finance industry and the Conservative Party....
. http://www.marketwatch.com/story/parties-clash-in-corporate-credentials-battle
Partisanship versus independence
Sir Stelios Haji-Ioannou, the most prominent member council, stated: "I agreed to be included in the group of entrepreneurs because I was assured it will be non-partisan.. [there is] not much difference between left and right any more."" http://www.marketwatch.com/story/parties-clash-in-corporate-credentials-battle However the youngest member the DotcomDot-com company
A dot-com company, or simply a dot-com , is a company that does most of its business on the Internet, usually through a website that uses the popular top-level domain, ".com" .While the term can refer to present-day companies, it is also used specifically to refer to companies with...
founder James Murray-Wells is rumoured to be likely to starting a career as Conservative Member of Parliament
Member of Parliament
A Member of Parliament is a representative of the voters to a :parliament. In many countries with bicameral parliaments, the term applies specifically to members of the lower house, as upper houses often have a different title, such as senate, and thus also have different titles for its members,...
shortly. http://cmypitch.com/blogs/show/559/glasses_direct_s_murray_wells_rise_continueshttp://www.ft.com/cms/s/0/095a2a2c-539f-11de-be08-00144feabdc0.html
Members
Members are generally seen as younger and more diverse in age, background, ethnicity and sex than the Labour Party'sLabour Party (UK)
The Labour Party is a centre-left democratic socialist party in the United Kingdom. It surpassed the Liberal Party in general elections during the early 1920s, forming minority governments under Ramsay MacDonald in 1924 and 1929-1931. The party was in a wartime coalition from 1940 to 1945, after...
Business Council, possibly because of the emphasis on entrepeurs rather than representatives of large corporations. http://www.marketwatch.com/story/parties-clash-in-corporate-credentials-battle
Members include http://www.marketwatch.com/story/parties-clash-in-corporate-credentials-battle:
- Sir Stelios Haji-Ioannou founder of easyJetEasyJetEasyJet Airline Company Limited is a British airline headquartered at London Luton Airport. It carries more passengers than any other United Kingdom-based airline, operating domestic and international scheduled services on 500 routes between 118 European, North African, and West Asian airports...
- Brent HobermanBrent HobermanBrent Hoberman, together with Martha Lane Fox, founded Lastminute.com in 1998, an online travel and gift business that floated at the peak of the dot-com bubble and managed to survive the subsequent burst of the bubble....
co-founder of Lastminute.comLastminute.comlastminute.com is an online travel and leisure retailer. The company was founded by Martha Lane Fox and Brent Hoberman in 1998 and became an icon of the UK internet boom of the late 1990s, floating at the peak of the dot com bubble and trading on the London Stock Exchange under the symbol...
- Surinder AroraSurinder AroraSurinder Arora is a Punjabi English businessman whose hotel business is believed to make him worth £225 million. He concentrates on hotels near airports, making a specialty of providing rooms for aircrew, and has close links with British Airways and a strong personal interest in aviation In 2009...
of Arora Hotels
- Tamara MellonTamara MellonTamara Mellon, OBE is the Chief Creative Office and co-founder of Jimmy Choo, a luxury brand that offers designer shoes, handbags and a range of accessories .-Early life:...
president of Jimmy ChooJimmy ChooDato' Jimmy Choo, OBE, born Choo Yeang Keat, is a Malaysian fashion designer based in London, United Kingdom. He is best known for founding Jimmy Choo Ltd that became known for its handmade women's shoes....
- Iqbal AhmedIqbal AhmedIqbal Ahmed, OBE , is a British entrepreneur of Bangladeshi origin. Based in Manchester, he made his fortune in shrimp. The success of his two companies, Seamark and Ibco, have turned him into one of the UK's richest men. He is also the highest British Bangladeshi to feature on the Sunday Times...
chief executive of Seamark Group
- Stefan Glaenzer former executive chairman of LastFM
- James Murray-Wells founder of Glasses Direct
- Caroline Plumb CEO of FreshmindsFreshMindsFreshMinds is a research and recruitment consultancy firm. It is located in London and was founded in September 2000 by Charlie Osmond and Caroline Plumb after they graduated from Oxford University...
- Sally PrestonSally PrestonSally Preston is a successful UK entrepreneur and founder of the frozen babyfood company Babylicious. She is an advisor of the Conservative Party as a member of the New Enterprise Council.-Early career:...
founder and managing director Babylicious