Financial reports and business investment data from UK government

Labour Secures Endorsement of 120 Business Leaders for Economic Change in Election

May 27, 2024, 08:27 PM

Labour Party has secured the endorsement of more than 100 business leaders, who believe the party's new outlook is necessary for the UK to break free from a decade of economic stagnation. The business chiefs, including executives from JP Morgan, Heathrow, Aston Martin, JD Sports, Iceland, and WPP, have expressed their support for Labour in the upcoming election. They cite the need for change due to the instability, stagnation, and lack of long-term focus observed under the current Tory government. Pat McFadden emphasized that business voices back Labour because they’ve had enough of Tory chaos and seen the damage this chaos has done to the country. This coalition of business leaders emphasizes that the election presents an opportunity to change the country’s economic trajectory.