London Daily

Focus on the big picture.
Thursday, Aug 20, 2026

Sunak woos business leaders at summit amid Labour charm offensive

Sunak woos business leaders at summit amid Labour charm offensive

The government's Business Connect event on 24 April will convene cabinet ministers and bosses to discuss "how to provide a competitive pro-business environment".
Rishi Sunak will court hundreds of Britain's leading bosses at a summit this month that will be seen as an attempt to wrest back momentum from Keir Starmer's efforts to present Labour as the new party of business.

Sky News has learnt that the prime minister, the chancellor Jeremy Hunt, and Kemi Badenoch, the business and trade secretary, will appear at an event in London called Business Connect.

According to a copy of the invitation seen by Sky News, the conference will also feature appearances from other Cabinet ministers.

"Business Connect is an invitation-only conference that will focus on our priority to grow the economy," it said.

"Together with business leaders from across the UK, we will discuss how to build a competitive pro-enterprise environment that supports growth through innovation."

Whitehall sources denied the summit had been pulled together at short notice, saying it was the ideal moment, in the aftermath of Mr Hunt's Budget, to gather business leaders and ministers.

The recent unveiling of the Windsor Framework to provide certainty over the UK's post-Brexit trading environment, and recent economic data represented important milestones for the UK economy, they added.

Under Starmer, Labour has been trying to reposition itself in the eyes of traditionally Tory-supporting bosses, and has won qualified endorsements from the likes of John Allan, the Tesco chairman, and Paul Drechsler, the former CBI president.

It recently emerged that the party was charging £15,000 for membership of the Labour Business network - an initiative that marks a clear dividing line with his predecessor, Jeremy Corbyn.

Responding to an enquiry from Sky News, a No10 spokesperson said: "One of the prime minister's five priorities is to grow the economy, and the Business Connect conference later this month is just one of a number of ways the government is engaging with key businesses and entrepreneurs across the UK to deliver on that ambition."
Newsletter

Related Articles

0:00
0:00
Close
Suspected People Smuggler Arrested After Investigation Identified Him
Children's Doctors Warn That Vaping Can Lead Young People to Smoking
Prince Harry and Meghan to Move Back to Britain With Their Children
Hundreds of Thousands of Students Receive GCSE and Vocational Results Across England, Wales and Northern Ireland
Here Is What Can Never Happen in Your Country: Taiwan Is Giving Money to All Its People Because It Collected Too Much Tax
UK Inflation Rises to 2.9% as Energy Bills Jump
UK Issues New Conduct Guide for Asylum Seekers on Consent and Respect
Moderna Shares Surge After Positive Personalized Skin Cancer Trial Results
UK Markets Watch US National Debt Surpass Forty Trillion Dollars
UK Broadcasters Urge Government to Invest in Digital Participation and Broadband
CVC Capital Partners and Standard Life Launch Two Billion Pound Pension Risk Transfer Venture
UK Private Sector Productivity Growth Accelerates in Second Quarter
UK Foreign Secretary Ed Miliband Condemns Israeli E1 Settlement Tender
UK Watchdog Investigates Trainline, Virgin Atlantic and RED Driving School Over Hidden Fees
Prince Harry and Meghan Markle Plan Move to Private Home Outside London
England and Wales Have Fewer Than 1,800 Prison Places Left for Men
UK Retail Sentiment Improves as Summer Spending Boosts Consumer Confidence
UK Aid Cuts Draw Warnings From Charities Over Humanitarian Consequences
UK Financial Conduct Authority Issues Guidance for Motor Finance Redress Scheme
UK Met Office Launches Aviation Programme to Reduce Climate Impact of Persistent Contrails
Former UK Civil Service Chief Received Record 500,000 Pound Severance Payment
West Midlands to Bring Bus Network Under Public Franchising Model
UK Government Drops Plan to Relax Affordable Housing Requirements After Backlash
UK Reaffirms Military Support for Ukraine Despite Russian Hybrid Warfare Threats
UK Technology Sector Expands Nearly 8 Percent as Digital Industry Outpaces Wider Economy
UK Drought Threatens Harvests Across England and Wales as Food Inflation Risks Persist
UK Government Pledges 442 Million Pounds to End Rough Sleeping by Christmas
UK Government Signals Willingness to Reconsider Digital Services Tax Amid US Tariff Threats
UK Inflation Rises to 2.9 Percent as Energy Costs Threaten Economic Recovery
NHS Hospitals Cancel Surgeries as Extreme Heat Pushes Ward Temperatures Above 40 Degrees Celsius
UK Heatwave Forces Emergency Measures as Wildfire Risk, Hospital Disruption and Drought Intensify
A Sleepless Night on Wall Street: Nasdaq to Begin Nearly Round-the-Clock Trading
"The First in the World": 69-Year-Old Protested Artificial Intelligence—and Went to Jail
Ukraine's Ousted Defence Minister Calls for Wartime Presidential Election
UK Marks Ten Years of Night Tube as London Weekend Usage Exceeds Eighty-One Thousand Journeys a Night
Met Office Issues Thunderstorm Warnings Across Northern Ireland Over Flash-Flood Risk
Frasers Group Raises Stake in Hugo Boss to Nearly Forty-Eight Percent
Scottish Clyde Marine Pilots Prepare for Strike That Could Disrupt Glasgow and Greenock Shipping
Twenty Passengers Injured After Southern Train Derails Near Lewes in East Sussex
Government Rules Out High-Speed Rail Revival Between West Midlands and Northern England
West Midlands Bus Network Returns to Public Ownership in Twenty-Four Million Pound Deal
UK Competition Watchdog Targets Trainline, Virgin Atlantic and RED Driving School Over Drip Pricing
Northern Ireland Health Minister Mike Nesbitt Resigns After Dispute Over Causeway Hospital Surgery Closure
UK Long-Term Government Bond Yields Rise to Five Point Eight Five Percent as Borrowing Costs Surge
UK Government Overhauls Planning Rules to Push Housing Development Near Major Transport Hubs
UK Health and Economic Pressures Highlight Wider Strain on Households and Public Finances
UK Prime Minister Andy Burnham Reaffirms Full Support for Ukraine Amid Russian Warnings
Sainsbury’s Suspends Live Facial Recognition at London Store After Customer Misidentified
Artists Urge UK Prime Minister Andy Burnham to Reject New North Sea Oil and Gas Licensing
UK Government Awards Four Hundred and Fifty-Six Million Pound Civil Service Training Contract to EY and KPMG
×