So, is it really time in invest in Britain, as the heads of fourteen banks and other financial institutions have declared in a letter to the Times today, ahead of Keir Starmer’s investment summit? Sorry, but the more that I read the letter, signed by Amanda Blanc of Aviva and David Solomon of Goldman Sachs among others, the more it reads like a note scrawled by hostages suffering from Stockholm Syndrome.
Do they really believe that Britain was a basket case under the Tories but that now under Starmer and Labour it has suddenly become a land of opportunity? Or are they fearful of what Rachel Reeves might have in store for them in the Budget, with this part of a lobbying effort to avert the worst?
When Labour does seek dialogue with business it just ends up listening to the loudest voices
The flattery in the letter has been laid on with a trowel.
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