Future Of British Business
UK’s Labour Bids to Be Party of Business With Start-Up Plan
- Opposition sets up ‘plan for growth’ as UK heads for recession
- Review launch at conference to be attended by blue chip firms
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Keir Starmer’s Labour party is preparing an assault on the ruling Conservatives’ claim to be the UK’s natural party of business with a growth plan focused on the industries of the future following the recommendations of a former Tory minister.
Shadow Chancellor of the Exchequer Rachel Reeves on Thursday will announce that “Labour is back in business” at a conference attended by 350 company leaders, including top executives at Aviva Plc, SSE Plc and HSBC Holdings Plc, according to remarks pre-briefed by the party. The centerpiece of her pitch will be a plan to boost start-ups based on recommendations from Jim O’Neill, the former Goldman Sachs chief economist.