Labour Conference 2011: Tax 'bad' businesses more

Miliband will tell the party's annual conference that the days when all businesses are taxed and regulated equally should be over, according to the Telegraph. Firms deemed to be behaving responsibly and which contribute to society will be offered financial incentives by the government, he will say, while "asset strippers" will face higher taxes. According to Labour sources, Miliband regards companies such as Southern Cross, the nursing home operator run by private equity investors that is in the process of being wound down, as exemplifying the wrong sort of business. It was accused...