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Big business backs Labour victory
Shadow chancellor Rachel Reeves delivers a speech during a visit to Rolls-Royce in Derby, while on the General Election campaign trail, May 28, 2024
“At local level, it’s different."
BIG business has declared its love for Labour — and Rachel Reeves reciprocated in full today, with the shadow chancellor pledging to lead “the most pro-business Treasury” in history.
A letter to the Times signed by 120 business leaders declaring their backing for Labour said the party had “changed and wants to work with business to achieve the UK’s full economic potential.”
The signatories — including past and present bosses from Heathrow Airport, Aston Martin, JD Sports, Iceland and JP Morgan, as well as restauranteur Tom Kerridge and Wikipedia founder Jimmy Wales — praised Labour’s “fiscal discipline,” growth plans and commitment to “working in partnership with the private sector.”
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