Saturday, November 9, 2024

Labour wins backing of 120 business leaders

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Labour has won the endorsement of a coalition of business leaders who have said that a “new outlook” is needed so the UK can “break free” from a decade of economic stagnation.

In a letter to The Times, 120 executives say that the economy has been “beset by instability, stagnation and a lack of long-term focus” as they say the election represents “the chance to change the country”.

The signatories, who include senior figures from the City, entrepreneurs, investors, high-profile figures from the world of technology and leading retailers, say change is needed “to achieve the UK’s full economic potential”.

The letter is signed by past and present executives from JP Morgan, Heathrow, Aston Martin, JD Sports, Iceland and the advertising giant WPP. Sir Jimmy

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