
Labour is the party of business. Don't take my word for it, Keir Starmer said it this afternoon. Addressing Labour's Business Conference (sponsored by Bloomberg, in a declaration of message discipline), the leader talked of a new partnership with business, creating the conditions for it to succeed and support sustainable economic growth.
His speech followed that of his shadow chancellor, Rachel Reeves, who promised that a Labour government would not raise corporation tax from its current level of 25 per cent, or reinstate the cap on bankers' bonuses. You may recall that Reeves harshly criticised the government's decision to ditch the cap when it was first announced.