Channel 4 News
Channel 4 News General Election 2015 Live Blog
23 April 2015
  • Lord Mandelson: Business does fear Labour, but it’s misplaced

    5:23 PM
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    • Georgia Graham georgia.graham@itn.co.uk

    Asked about businesses fearing the Labour party, Lord Mandelson, the party’s former business secretary, answers: “I think there’s quite a lot of fear about the Labour Party but I also think it’s misplaced.”

    He adds: “Whilst business people might not like the individual tax changes or whatever, they’re not facing a Labour Party that’s going back to the old nationalisation.”

    He also says Ed Miliband has exceeded “most people’s expectations. I suppose in a sense mine as well.” I’m sure there is a compliment in there somewhere…

    He does also say he felt at the beginning of last week that Labour was getting the Zeitgeist of the campaign, so there’s that.

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23 April 2015