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Lord Walker urges business tax cuts and shift from cost of living focus

Iceland boss Lord Richard Walker has called on Andy Burnham and John Healey to reduce business taxes, arguing that the government should prioritise making it cheaper to employ people, invest, and grow.

  • Lord Richard Walker, who previously backed Labour, urged Andy Burnham and John Healey to cut business taxes.
  • Walker stated that the government should "stop focusing on the cost of living and start focusing on the cost of getting Britain back to work."
  • He suggested the October Budget should begin shifting the tax burden away from jobs and productive investment.

Iceland boss Lord Richard Walker has urged Andy Burnham and John Healey to cut taxes for businesses and to shift focus from the cost of living. Walker, who supported Labour in the last election, stated that Healey should ease costs for employers.

Writing in The Sun on Sunday, Walker said that "warm words towards business won’t be enough" and that the government should "stop focusing on the cost of living and start focusing on the cost of getting Britain back to work." He added that their first priority should be to "make it cheaper to employ people, invest and grow."

Walker specifically mentioned that "every rise in employers’ National Insurance, every punishing business rates bill, and every other additional cost imposed by Whitehall changes the calculation about whether to create another job." He suggested that the October Budget should begin to shift the tax burden away from jobs and productive investment. This intervention follows previous criticisms from Walker regarding UK policymaking, including the "unsustainable" triple lock pension.

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