Howard Flight is bucking the tide that swept the Labor Party to victory in Britain. The deputy chairman of Guinness Flight Hambro Asset Management, Ltd., London, won a seat in Parliament as a Conservative party member.
Mr. Flight is championing a "radical right" agenda of tax and welfare reform, he says. He wants to transfer much of the welfare "bureaucracy" to the private sector, and he would like to see a 20% flat income tax instituted.
While locally on the stump, he had trumpeted three main themes: the Tories' better management of the economy; preventing Britain from "being swallowed by a federal Europe"; and opposition to Labor's devolution proposals -allowing Scotland to have its own parliament with taxing powers and Wales to have a parliament without tax-levying ability.
Conservatives will be in opposition for the next five years. During that time, "our job will be to pick off focused issues. When the next election comes, and people are disappointed with Labor .*.*. our job will be to present a vision going forward that is radical and inspires people," he said.
All this means less time for business. From now on, the 48-year-old Mr. Flight will divide his week between his constituency in England's Arundel and South Downs district and Guinness Flight Hambro.
But according to the firm, Mr. Flight will "be able to be less involved in day-to-day management" of the firm. Thus, he will "take on more of an oversight role."