Dozens of business leaders have signed a letter endorsing the Labour Party’s economic plans ahead of the 4 July general election saying it is “time for a change”. In a letter published in Tuesday's Times newspaper, 121 founders, chief executives, and former leaders at a range of financial services, retail and manufacturing firms say Labour has changed and “wants to work with business” on long term growth. Labour is borrowing from the Conservatives’ playbook in getting business leaders to endorse their economic plans. Other former Tory business letter signatories have told BBC News they will keep their counsel amid disappointment over Liz Truss's mini-budget, the Brexit deal and a general expectation of a change of government. It is also unclear how representative this group of Labour backers are of business in general and their sectors in particular.


Source:   The Times
May 27, 2024 21:13 UTC