Over 120 business leaders support Labour to unlock UK’s economic potential | Politics News

More than 120 business leaders have come forward to show their support for the Labour party in the upcoming general election. In an open letter, figures such as chef Tom Kerridge and the founder of Wikipedia, Jimmy Wales, have endorsed the party, claiming that a “lack of political stability” has hindered the country’s progress.

The letter, published in the Times, highlights the party’s efforts to work with the business community to boost the UK’s economic potential. Signatories, including former CEOs of major companies like Heathrow, JP Morgan, and Aston Martin, believe that Labour has demonstrated a willingness to change and lead the country into a prosperous future.

Labour leader Sir Keir Starmer and shadow chancellor Rachel Reeves have been actively engaging with business leaders since taking over the party, aiming to build strong partnerships and restore confidence in the economy.

The business leaders emphasized the need for a government that combines fiscal discipline with a long-term growth strategy, fostering innovation and investment to enhance productivity. They expressed confidence in Labour’s ability to collaborate with the private sector and unlock the UK’s full economic potential.

Calling for a new perspective to break free from the economic stagnation of the past decade, the signatories urged the public to support Labour in bringing about positive change and leading Britain towards a brighter future. Their collective voice aims to inspire others to recognize the urgency of embracing a new outlook for sustained growth and development.