A law firm based in Bolton and Bury says businesses are keeping a “watching brief” on the new government. Around a month after Labour’s landslide victory in the general election Clough & Willis, which has offices in Little Lever and Bury town centre approached around 400 businesses. The survey found 36 per cent of North West firms think the new government will be good for business , while around 55 per cent think Labour will be about the same as the Conservatives.
Clough & Willis partner and head of corporate and commercial Andy Herricks said: “Our survey produced some surprising feedback. “With the Labour hierarchy being very tight-lipped and coy before the election about potential rises in capital gains tax and corporation tax, political commentators were predicting a backlash against the new government. Clough & Willis partner and head of corporate and commercial Andy Herricks (Image: Conker PR) “That however has not materialised, and business leaders seem to be maintaining a watching brief for the time being.
” Labour was swept to power after winning a huge majority with more than 400 of the House of Common’s 650 seats at the general election of July this year. This included all three of Bolton’s parliamentary seats. Clough & Willis’s survey has now been aimed at finding out how businesses all over the North West feel about the new government.
It found that only around seven per cent of businesses considering selling their company are speeding up the pr.