Difference between revisions of "Michael Spencer"
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In the ''[[Sunday Times Rich List 2008]]'' ranking of the wealthiest people in the UK he was placed 62nd with an estimated fortune of £1,150 million.<ref>[http://www.timesonline.co.uk/richlist ''Sunday Times Rich List 2008'' online edition] </ref> | In the ''[[Sunday Times Rich List 2008]]'' ranking of the wealthiest people in the UK he was placed 62nd with an estimated fortune of £1,150 million.<ref>[http://www.timesonline.co.uk/richlist ''Sunday Times Rich List 2008'' online edition] </ref> | ||
| − | == | + | ==Conservative Party donor and member== |
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| + | Spencer was [[Conservative Party]] treasurer from February 2007 until he stepped down in October 2010. | ||
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| + | ==Exerting pressure for lower taxes== | ||
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| + | Spencer has spoken out strongly against the 50p tax rate brought in by Gordon Brown and the proposed Tobin tax, which he has described as "deluded". threatened to move his businesses from the UK. | ||
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| + | In November 2009 Spencer was quoted in an interview with the ''Financial Times'' that he was "hopeful" of even deeper cuts in corporation tax than George Osborne had already signalled "over the next parliament". | ||
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| + | <ref> Jean Eaglesham and Richard Milne, [http://www.ft.com/cms/s/0/ef8eb79a-dd4e-11de-ad60-00144feabdc0.html#axzz1gtzNxika Tory treasurer expects taxes to be slashed], Financial Times, 30 November 2009 </ref> | ||
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==Affiliations== | ==Affiliations== | ||
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==Clients== | ==Clients== | ||
Revision as of 15:47, 18 December 2011
Michael Alan Spencer (born 30 May 1955, Kuala Lumpur, Malaysia) is a British businessman; the chief executive of ICAP plc, the world's largest interdealer broker. He is also currently the owner of spread betting firm City Index.
In the Sunday Times Rich List 2008 ranking of the wealthiest people in the UK he was placed 62nd with an estimated fortune of £1,150 million.[1]
Contents
Conservative Party donor and member
Spencer was Conservative Party treasurer from February 2007 until he stepped down in October 2010.
Exerting pressure for lower taxes
Spencer has spoken out strongly against the 50p tax rate brought in by Gordon Brown and the proposed Tobin tax, which he has described as "deluded". threatened to move his businesses from the UK.
In November 2009 Spencer was quoted in an interview with the Financial Times that he was "hopeful" of even deeper cuts in corporation tax than George Osborne had already signalled "over the next parliament".
Affiliations
Clients
Resources
Notes
- ↑ Sunday Times Rich List 2008 online edition
- ↑ Jean Eaglesham and Richard Milne, Tory treasurer expects taxes to be slashed, Financial Times, 30 November 2009
