Traditionally, the UK business community has been seen as aligned with the Conservative Party. For those of us running businesses during Tony Blair’s tenure as prime minister, however, the experience was generally positive. His cabinet engaged constructively with the business sector and made significant strides in industrial strategy, comparable with those of Michael Heseltine.
So, what can the business community make of Labour’s First Steps for Change, presented by Sir Keir Starmer and the shadow cabinet in Essex last Thursday?
The promise of economic stability as an opening line will be warmly welcomed, especially after the disorder and chaos since the Brexit referendum. Equally important is Labour’s clear emphasis on economic growth. Achieving significant economic growth requires substantial business investment, both domestic and foreign.
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