120 Business Leaders Endorse Labour, Criticize Tories for 14 Years of Instability Ahead of UK Election
May 29, 2024Over 120 business leaders, including prominent figures like Tom Kerridge, Sir Malcolm Walker, and former CEOs, have endorsed Labour as the 'party of change.'
The leaders criticized the Conservatives for 14 years of instability and lack of focus.
Labour is endorsed for their economic plans and commitment to working with businesses for growth and innovation.
Key signatories, such as Sir Jimmy Wales, emphasize the need for a new economic strategy to boost the UK's potential.
Labour leader Keir Starmer and shadow chancellor Rachel Reeves have received endorsements from other major figures.
A survey indicates that 40% of business owners plan to vote Labour, reflecting a growing desire for economic change and stability.
The Conservatives have faced criticism for their policies and campaign missteps, including senior MPs quitting and controversial proposals like national service for 18-year-olds.
Today's campaign activities include various visits and Q&A sessions with political leaders, underscoring the increasing tension and stakes in the upcoming general election on 4 July.
Summary based on 5 sources
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Sources
The Guardian • May 28, 2024
Tories’ ‘triple lock plus’ planned tax cut for pensioners a ‘desperate move’ says Labour – UK politics liveBBC News • May 27, 2024
General election: Business chiefs sign letter backing LabourThe Independent • May 28, 2024
Business bosses desert Tories and defect to Labour