Business Chiefs Endorse U.K. Conservatives in Open Letter

More than 100 business leaders signed an open letter backing the economic and tax policies of the U.K.’s Conservative-led government and said a change in direction would threaten jobs.

Lowering corporation tax has been “a key part of their economic plan” and has spurred growth in the U.K., executives including BP Plc Chief Executive Bob Dudley and Prudential Plc CEO Tidjane Thiam wrote in the letter to the Daily Telegraph.