SIR – “I am more puzzled than usual as to what, precisely, motivates Tory supporters” says your regular correspondent Mr Hindle (Letters, October 10). The answer is “possibly the outpourings of people like you!”

I am old enough to have been involved in the field of corporate pension schemes in the 1970s, just before Mrs Thatcher took office. What exciting times those were for Britain!

I attended company meetings marked by despair as enterprises were strangled by a toxic combination of left-wing government and militant “workers”.

Firms became “zombies” where they could, with luck, barely service their debt and labour costs, but with no prospect of affording capital investment in the business.

In 1979, the incoming Conservative government bit the bullet and the short-term results were horrible, but the corporate living dead were finally laid to rest and economic recovery began.

Returning to the present, regardless of who did, or failed to do, what in terms of finance sector regulation, Labour had been 11-year incumbents when the 2008 implosion took place. It was left to Mr Osborne to sort it out – and he’s succeeding. Success which is much to the dismay of Ed Balls and, evidently, of Mr Hindle.

Mike Pollard, Moorfield Drive, Baildon