Labour business chief says firms are ready to give party a chance after Corbyn's reign

When Tony Blair led Labour back to power in 1997, he had won the confidence not just of voters but also of business.

But the party’s relationship with industry suffered during its 12 years out of office - from Ed Miliband railing against “predators” in 2014 to Jeremy Corbyn ’s planned tax hikes.

But the mood is changing, according to Shadow Business Secretary Jonathan Reynolds.