In a surprising turn of events, a group of prominent business figures, including celebrity chef Tom Kerridge, have thrown their support behind the Labour party ahead of the upcoming General Election. In a letter published by The Times, 121 executives expressed their belief that the UK is not reaching its full economic potential due to a lack of political stability and consistent economic strategy.
The letter, signed by individuals such as Sir Malcolm Walker of Iceland and Rachel Carrell of Koru Kids, calls for a change in government to partner fiscal discipline with a long-term growth strategy. The signatories argue that working with the private sector to drive innovation and investment is crucial to boosting productivity and breaking free from the economic stagnation of the past decade.
This endorsement comes as shadow chancellor Rachel Reeves prepares to present Labour as a pro-business and pro-worker government in her upcoming election speech. Reeves aims to reassure business leaders that Labour can bring growth back to Britain by fostering a strong partnership between workers and businesses.
Despite facing criticism from the Conservatives over their proposed policies, Labour remains steadfast in their commitment to workers’ rights. The party insists that their proposals have the support of trade unions and will ultimately benefit both workers and businesses.
As the General Election draws near, the unexpected support from these business leaders adds a new dimension to the political landscape, highlighting the importance of economic stability and growth in shaping the future of the UK.