X

Create an account to continue reading.

Registered readers have access to our blogs and a limited number of magazine articles
For unlimited access to The Spectator, subscribe below

Registered readers have access to our blogs and a limited number of magazine articles

Sign in to continue

Already have an account?

What's my subscriber number?

Subscribe now from £1 a week

Online

Unlimited access to The Spectator including the full archive from 1828

Print

Weekly delivery of the magazine

App

Phone & tablet edition of the magazine

Spectator Club

Subscriber-only offers, events and discounts
 
View subscription offers

Already a subscriber?

or

Subscribe now for unlimited access

ALL FROM JUST £1 A WEEK

View subscription offers

Thank you for creating your account – To update your details click here to manage your account

Thank you for creating your account – To update your details click here to manage your account

Thank you for creating an account – Your subscriber number was not recognised though. To link your subscription visit the My Account page

Thank you for creating your account – To update your details click here to manage your account

X

Login

Don't have an account? Sign up
X

Subscription expired

Your subscription has expired. Please go to My Account to renew it or view subscription offers.

X

Forgot Password

Please check your email

If the email address you entered is associated with a web account on our system, you will receive an email from us with instructions for resetting your password.

If you don't receive this email, please check your junk mail folder.

X

It's time to subscribe.

You've read all your free Spectator magazine articles for this month.

Subscribe now for unlimited access – from just £1 a week

You've read all your free Spectator magazine articles for this month.

Subscribe now for unlimited access

Online

Unlimited access to The Spectator including the full archive from 1828

Print

Weekly delivery of the magazine

App

Phone & tablet edition of the magazine

Spectator Club

Subscriber-only offers, events and discounts
X

Sign up

What's my subscriber number? Already have an account?

Thank you for creating your account – To update your details click here to manage your account

Thank you for creating your account – To update your details click here to manage your account

Thank you for creating an account – Your subscriber number was not recognised though. To link your subscription visit the My Account page

Thank you for creating your account – To update your details click here to manage your account

X

Your subscriber number is the 8 digit number printed above your name on the address sheet sent with your magazine each week.

Entering your subscriber number will enable full access to all magazine articles on the site.

If you cannot find your subscriber number then please contact us on customerhelp@subscriptions.co.uk or call 0330 333 0050.

You can create an account in the meantime and link your subscription at a later time. Simply visit the My Account page, enter your subscriber number in the relevant field and click 'submit changes'.

Please note: Previously subscribers used a 'WebID' to log into the website. Your subscriber number is not the same as the WebID. Please ensure you use the subscriber number when you link your subscription.

Blogs

Pinstripes and shorts – Tim Montgomerie vs the Institute of Directors

25 June 2014

1:43 PM

25 June 2014

1:43 PM

There is a nice little spat brewing between Tim Montgomerie and the Institute of Directors, after the former Times comment editor and founder of ConservativeHome ‘unloaded both barrels on Britain’s business trade bodies.’ According to Public Affairs News:

‘He argued that the CBI and IoD were losing the air war with consumer pressure groups, partly through presentation (he effectively ordered a Taliban-esk ban on pinstripes on telly) but principally by not explaining how an open free market brings societal benefits’.

What Montgomerie actually said was a little more nuanced, rather than the reported ‘Jihad’:

‘Friends of business need to change the way they’re organised. The CBI, FSB, IoD model – while often worthy – comes from another age in my opinion. Their spokesmen often appear self-serving. They are nearly always arguing for what is best for their members. Fair enough but they might be more likely to succeed in their aims if they were backing policies that would create jobs and higher incomes and exports.

‘Who are you most likely to listen to on TV and radio programmes: the pinstriped representative of the Roundtable of Amalgamated Corporates or the spokeswoman for the Campaign to End Youth Unemployment. Both could be arguing for the same free enterprise policies but one, I’m convinced, would be much more potent – especially with swing voters.’

[Alt-Text]


Nonetheless the IoD has hit back:

‘There are many reasons why the market system is viewed with distrust, and making the pro-business case is vitally important. That’s why we slammed Barclays’ bonus structure because we stand up for shareholders. We’ve supported Uber because we believe in consumer choice. We support the shale revolution because we want lower energy costs and we’re relentless in our efforts to make the case for small business, open markets and genuine capitalism. Furthermore, we’ve done all this without a pinstriped suit in sight. The IoD dropped its dress code after 100 years, so if Tim comes by – maybe for one of our young entrepreneurs events – he’d probably notice a lot more t-shirts and jeans.’

It has been pointed out to Mr S that the broadside from Montgomerie comes on exactly the same day as the IoD hired Bell Pottinger’s James McLouglin to run their policy regarding the ‘new economy, disruptive technologies, entrepreneurship and innovation,’ stepping up that fight.

He’s not in a pinstripe suit on the website, though amusingly McLouglin is the son of Transport Secretary, Patrick. As the IoD is amongst the most vocal critics of HS2, this could get awkward.

Subscribe to The Spectator today for a quality of argument not found in any other publication. Get more Spectator for less – just £12 for 12 issues.


Show comments
Close