The UK's Labour Party has detailed its strategies to enhance the £108bn life sciences sector and the financial services sectors, with the aim of driving economic growth and providing stability. Shadow Chancellor Rachel Reeves announced Labour's commitment to actively support the financial services sector, which contributes 12% to the UK's GDP, and to leverage it for nationwide growth and job creation. The party's life sciences plan, which has been backed with over £1bn to support investment, was well-received for its potential to support the NHS and the economy. Labour's focus on regulatory certainty and consistency, as discussed at the BIAGalaDinner2024 and Labour Business Conference, has been praised by business leaders, who are backing the party for its economic plans and promise of a partnership with businesses. The party's approach has been highlighted in various events, including the Labour Business Conference, where Reeves and other party members addressed 600 business people, including 400 business leaders who paid £1000 to attend, emphasizing Labour's commitment to economic stability and a new partnership with business that is both pro-business and pro-worker.
Labour will be "pro-business and pro-worker, in the knowledge that each depends on the success of the other" says Shadow Chancellor @RachelReevesMP. https://t.co/qfeOHIHeIa 📺 Sky 501 and YouTube https://t.co/HxbQ16vWmQ
“I want Britain to be the place that investors come. That’s why I’ve placed so much emphasis on stability” Great to hear @RachelReevesMP emphasising the relationship between Labour and business at #labourbusinessconference and echoing many of the calls in our new… https://t.co/6v9wkrBHKc
Labour’s business conference is packed, positive and facing the future. @RachelReevesMP has already set out plans to return stability to economic policy making. https://t.co/i41JMevDBE
NEW Shadow Chancellor Rachel Reeves tells a packed business conference: “Profit is not something to be disdained but a mark of Britain succeeding.” https://t.co/ptgCld0WEg
Shadow Chancellor Rachel Reeves arrives at the #Labour business conference where 400 biz leaders have paid £1000 to be here - they think they know which way the wind is blowing https://t.co/pjrXvpo0L9
@AngelaRayner speaking at the @UKLabour Business Conference in front of 600 business people this morning - she said a Labour Government will deliver economic stability and a new partnership with business https://t.co/bwxoKrbGCx
Get your TV on. @RachelReevesMP about to make an policy announcement re biz at Labour’s annual biz conference. Watch @skynews. @AngelaRayner introducing Reeves now https://t.co/7YvfLdkCl8
This morning I launched my financial services review at the Labour Business Conference. My speech set out how @RachelReevesMP and I will work hand-in-hand with the financial services sector to smash the obstacles to growth. Read the full report here 👇 https://t.co/vGtudIdEl3 https://t.co/nbmaPMHHb3
👉 Business leaders are backing Labour because we have the economic plans to rebuild Britain. The Tories crashed the economy. They’ve given us years of political chaos. Labour will provide what we know businesses need: certainty, stability, and a real plan for the future. https://t.co/ylFNiySt57
Labour has a plan for business that will bring growth and prosperity to every corner of Britain. As Prime Minister, I will roll up my sleeves to deliver it. https://t.co/lIxExkhUnc
A useful summary of @UKLabour plan for UK life sciences Some good things here. But plenty that’s not: biggest question is what they do with carried interest. Let’s not forget private capital is the life blood of our innovation economy https://t.co/H2iqSMm6Oo
To grow our economy and raise living standards, we need a vibrant financial services sector. That's what I'll deliver as Chancellor. https://t.co/LZ3NX4XelQ
“There is lots to like in Labour’s financial growth plan that was published today. “If we are serious about fostering vibrant UK capital markets we must look urgently at ways to increase investment by institutional and individual investors into our blue chips of tomorrow. https://t.co/xn1xOyRxAq
I'm delighted to say I’ve published our review on financial services today. @RachelReevesMP and I have set out our vision to harness the sector to drive growth across the UK Labour will champion financial services as one of the UK's greatest assets. https://t.co/vGtudIecaB
We need political certainty to drive up investment in the UK. In their Financial Services review, published this morning, Labour's focus on regulatory certainty and consistency is spot on. When we asked our members 70% of them told us that businesses they invested in had…
I’m pleased to be talking about the launch of my review of financial services for Labour this morning on @SkyNews, @TimesRadio and @LBC. Financial services are responsible for 12% of GDP, so we must harness their power to drive growth and create good jobs across the country. https://t.co/k8XuSif7bG
With @RachelReevesMP as Chancellor, Labour will work in partnership with businesses to kick down the barriers to growth, spur on investment and showcase Britain’s standing as a world leader in financial services. https://t.co/4oungtVClX
A Labour Government and Labour Mayor working together will help our businesses thrive so our people can too. @rachelreevesmp and @sadiqkhan writing in @CityAM today. https://t.co/fqr6miiyRx
The next Labour government will unashamedly champion the UK’s financial services sector to get our economy growing. https://t.co/BuuHzu3Nek
Labour’s shadow chancellor Rachel Reeves said her party would “unashamedly champion” the UK’s financial services sector if it wins the next election https://t.co/jpLp8LI95C
It’s time to give the UK’s life sciences sector a plan to fully realise its potential. With Labour’s life sciences strategy, they’ll have it 👇 https://t.co/BxfGQyqLBJ
Labour @UKLabour is revealing its life sciences strategy - details have been press released today and coverage is starting to emerge. Here's a couple of things that caught my eye, while we wait for the document itself to go online 🧵 https://t.co/kFtCKemhhN
Great to see the labour plan for life sciences today. Our sector has great potential to support the NHS and grow the economy. We need a solid partnership with any new government. Clarity on labour’s plan is highly appreciated @wesstreeting @peterkyle @jreynoldsMP @RachelReevesMP https://t.co/N2NmQ1JwHL
Our £108bn life sciences sector is critical to the UK's future health & prosperity, which is precisely why we're backing it with over £1bn to support investment A pleasure to speak about this & more at #BIAGalaDinner2024 last week, & look ahead to a bright future for UK life… https://t.co/wlvBFXsYc0