Editor's Picks: How Labour is courting British business

编辑精选:劳动党如何吸引英国商界

Editor's Picks from The Economist

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2024-05-14

7 分钟
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A handpicked article read aloud from the latest issue of The Economist. Today, Britain's Labour Party is on course to form the next government. We examine what a Labour win would mean for business. Get a world of insights for 50% off—subscribe to Economist Podcasts+
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  • This episode of Editors' Picks is supported by IDA Ireland.

  • With the highest share of STEM graduates per capita in the EU,

  • IDA Ireland can help source the skills you need to internationalise and thrive.

  • Visit idaireland.com to learn more.

  • The Economist Hello, this is Aura Ogumbi,

  • co-host of The Intelligence, our daily news and current affairs podcast.

  • Welcome to Editors' Picks.

  • You're about to hear an article from the latest edition of The Economist read aloud.

  • I hope you enjoy it.

  • Labour's strong results in local elections in Britain on May 2nd affirm the prediction from our forecast model that is on course to form the next government.

  • Our central estimate gives it a thumping 106 seat majority.

  • The transformation of Labour's political fortunes

  • since the last general election has been accompanied by a fervent romancing of business.

  • Gone is the disdain of Jeremy Corbyn,

  • the party's former hard-left leader who planned to collectivise a tenth of every big British company.

  • In its place, Sir Keir Starmer and Rachel Reeves,

  • the Labour leader and Shadow Chancellor, have spearheaded a smoked salmon offensive.

  • inviting executives to breakfast and waxing lyrical about the virtues of profit.

  • Bosses are keen to listen.

  • It is easier to get tickets to see Taylor Swift's opening night at Wembley next month than to attend the party's Business Day in September at a dingy Liverpool conference centre.