Bankers and City-linked firms have handed Labour the equivalent of £2m since the party launched its charm offensive on big business in 2022, openDemocracy analysis of Electoral Commission data shows.
The party’s shift toward an increasingly pro-business policy platform over the last two years has coincided with a huge influx of money from international banks, professional services firms, consultancies and financiers, with campaigners suggesting this financial relationship could explain why Labour’s policies “read like a love letter to the City”.
Hundreds of corporate executives gathered in London today for Labour’s business conference, where the party unveiled its approach to financial services and the City of London.
