In a significant show of support, over 120 prominent business leaders have come forward to endorse the Labour party in the upcoming general election. The letter, signed by notable figures such as renowned chef Tom Kerridge and former CEOs of major companies like Heathrow, JP Morgan and Aston Martin, highlights the party’s commitment to working with the business community to drive economic growth in the UK.
The letter, published in the Times, emphasizes the need for a change in leadership and a new approach to addressing the country’s economic challenges. The signatories, which also include Wikileaks founder Jimmy Wales and Koru Kids co-founder – a company once invested in by the Prime Minister’s wife – acknowledge the efforts of Labour leader Sir Keir Starmer and shadow chancellor Rachel Reeves in building bridges with the business world since taking over the party from Jeremy Corbyn.
The business leaders express their belief that the UK has the potential to become one of the strongest economies in the world, but has been held back by a lack of political stability and consistent economic strategy. They state that it is time for a government that will work in partnership with the private sector to drive innovation and investment, and fix the skills system to achieve sustained productivity growth.
The letter reads, “Labour has shown it has changed and wants to work with business to achieve the UK’s full economic potential. We should now give it the chance to change the country and lead Britain into the future. We are in urgent need of a new outlook to break free from the stagnation of the last decade and we hope by taking this public stand we might persuade others of that need too.”
This public endorsement from prominent business leaders is a significant boost for Labour’s campaign and a testament to their efforts to build a strong relationship with the business community. With just weeks left until the general election, this letter serves as a reminder of the importance of a stable and strategic approach to driving economic growth in the UK.