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Britain's Labour Party works to become 'the party of business'

"They're asking a lot of questions," one large international investor in Britain said

Keir Starmer
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Keir Starmer, leader of Labour Party, says he supports the right to industrial action but has refused to back the current walkouts | Photo: Reuters

Reuters London
After decades funding Britain's governing Conservatives, businessman Gareth Quarry has switched allegiance and started donating to the opposition Labour Party in the belief that it offers more certainty and stability.

The 63-year-old entrepreneur abandoned the Conservatives after what he called "a litany of misdemeanours" that destroyed Britain's centuries-old reputation for financial stability.

Quarry is one of a growing number of investors, company executives and bankers turning to Labour, which has a strong lead in opinion polls over Prime Minister Rishi Sunak's Conservatives before a national election expected in 2024.

“A lot of us are finding our way to Labour," Quarry, who made his

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Topics : Britain UK