A Conservative peer has called for an election to take place “sooner rather than later” – adding that if the government were accountable to shareholders, they would have been sacked.
Lord Stuart Rose, the former chief executive officer of Marks and Spencer and current chair of Asda, was speaking to the Politics Hub With Sophy Ridge on Sky News.
He has been a Conservative peer since 2014 and was not previously an MP.
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Tories ‘architects of their own demise’
Lord Rose told Sophy that he is “not a mouthpiece for the government” – but is rather “a Conservative because I believe in Conservative values”.
Asked about the state of the current Labour Party‘s offering, he said they “certainly appear” to be business-friendly.
The Conservative peer said that what he would “like to see” is an election “sooner rather than later”.
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“What on Earth are we waiting for?” he said. “I think the electorate is desperate now to have some sort of clarity about where we’re going.
“What we need to do, then, is if an election is announced – whatever that period is, four to six weeks of electioneering – both parties need to set out very clearly what is in the plan.”
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He says that Labour is yet to lay out its plan when it comes to business.
But Lord Rose was also not complimentary about the current administration.
He said that, in his opinion, “if this government was being judged like a chief executive of a corporation”, it would not have lasted the 14 years since 2010.
“The shareholders would have said ‘on your bike’ and, you know, we’ll see what happens in October, but I’m not hopeful,” he added.
The exact date of an election has not been confirmed, although some think October is the most likely as it would mean the vote takes place before the US election in November. The chancellor, Jeremy Hunt, has also previously hinted at this date.
Lord Rose went on to warn against some of the proposals being put forward by Labour when it comes to business – including the party’s policies on sick pay and parental rights from day one of employment.
Labour has also pledged to scrap zero-hour contracts and end probationary periods.
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Lord Rose said: “It’s something that I would say be very, very careful about what they plan to bring in because we do have one huge benefit in this country that we’ve got, you know, fairly flexible labour laws.”
He said that these laws already give “significant protection to employees” as well as “flexibility to employers”.
He added: “And we must make sure that what we do isn’t retrograde, because business needs help.”
Norman Tebbit, the former Tory minister who served in Margaret Thatcher’s government, has died at the age of 94.
Lord Tebbit died “peacefully at home” late on Monday night, his son William confirmed.
One of Mrs Thatcher’s most loyal cabinet ministers, he was a leading political voice throughout the turbulent 1980s.
He held the posts of employment secretary, trade secretary, Chancellor of the Duchy of Lancaster and Conservative party chairman before resigning as an MP in 1992 after his wife was left disabled by the Provisional IRA’s bombing of the Grand Hotel in Brighton.
He considered standing for the Conservative leadership after Mrs Thatcher’s resignation in 1990, but was committed to taking care of his wife.
Image: Margaret Thatcher and Norman Tebbit in 1987 after her election victory. Pic: PA
Tory leader Kemi Badenoch called him an “icon” in British politics and was “one of the leading exponents of the philosophy we now know as Thatcherism”.
“But to many of us it was the stoicism and courage he showed in the face of terrorism, which inspired us as he rebuilt his political career after suffering terrible injuries in the Brighton bomb, and cared selflessly for his wife Margaret, who was gravely disabled in the bombing,” she wrote on X.
“He never buckled under pressure and he never compromised. Our nation has lost one of its very best today and I speak for all the Conservative family and beyond in recognising Lord Tebbit’s enormous intellect and profound sense of duty to his country.
“May he rest in peace.”
Image: Lord Tebbit and his wife Margaret stand outside the Grand Hotel in Brighton. Pic: PA
Tory grandee David Davis told Sky News Lord Tebbit was a “great working class Tory, always ready to challenge establishment conventional wisdom for the bogus nonsense it often was”.
“He was one of Thatcher’s bravest and strongest lieutenants, and a great friend,” Sir David said.
“He had to deal with the agony that the IRA visited on him and his wife, and he did so with characteristic unflinching courage. He was a great man.”
Reform leader Nigel Farage said Lord Tebbit “gave me a lot of help in my early days as an MEP”.
He was “a great man. RIP,” he added.
Image: Lord Tebbit as employment secretary in 1983 with Mrs Thatcher. Pic: PA
Born to working-class parents in north London, he was made a life peer in 1992, where he sat until he retired in 2022.
Lord Tebbit was trade secretary when he was injured in the Provisional IRA’s bombing in Brighton during the Conservative Party conference in 1984.
Five people died in the attack and Lord Tebbit’s wife, Margaret, was left paralysed from the neck down. She died in 2020 at the age of 86.
Before entering politics, his first job, aged 16, was at the Financial Times where he had his first experience of trade unions and vowed to “break the power of the closed shop”.
He then trained as a pilot with the RAF – at one point narrowly escaping from the burning cockpit of a Meteor 8 jet – before becoming the MP for Epping in 1970 then for Chingford in 1974.
Image: Lord Tebbit during an EU debate in the House of Lords in 1997. Pic: PA
As a cabinet minister, he was responsible for legislation that weakened the powers of the trade unions and the closed shop, making him the political embodiment of the Thatcherite ideology that was in full swing.
His tough approach was put to the test when riots erupted in Brixton, south London, against the backdrop of high rates of unemployment and mistrust between the black community and the police.
He was frequently misquoted as having told the unemployed to “get on your bike”, and was often referred to as “Onyerbike” for some time afterwards.
What he actually said was he grew up in the ’30s with an unemployed father who did not riot, “he got on his bike and looked for work, and he kept looking till he found it”.
The first European state visit since Brexit starts today as President Emmanuel Macron arrives at Windsor Castle.
On this episode, Sky News’ Sam Coates and Politico’s Anne McElvoy look at what’s on the agenda beyond the pomp and ceremony. Will the government get its “one in, one out” migration deal over the line?
Plus, which one of our presenters needs to make a confession about the 2008 French state visit?