Story perspectives
Labour Urged to Revamp Business Support in Budget
11/26/2025
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Story summary
- Labour backers warn that Rachel Reeves (Labour) must address a crisis in the UK's fastest-growing businesses in her upcoming Budget.
- An open letter from Labour MPs, pressure groups, and business leaders highlights the 'valley of death' facing UK entrepreneurs.
- Led by Labour MP Sarah Edwards, the letter calls for replacing the Enterprise Investment Scheme with a £650 million regime to retain UK businesses.
