Digest opened free editor
Rola Khaleda, FT editor, chooses her favorite stories in this weekly newsletter.
The Labor Party has postponed a conference worth 5,000 pounds for executives and pressure groups just weeks before its occurrence, as business consultants reported that the demand for the event was low in central London.
The ruling party in the United Kingdom issued invitations last month for the corporate participation event on June 23, with speakers, including Chancellor Rachel Reeves and Minister of Business and Trade Jonathan Reynolds.
The calls described the conference as the beginning of the series “The first of its kind” that you will provide a job Leaders “a unique opportunity to interact with the business plan to start economic growth.”
But the June event has now been withdrawn, according to two people familiar with this issue. A Labor Party The spokesperson confirmed that the event was “postponed”, but he did not say when it would reschedule.
Many pressure groups said they did not partially attend due to the cost at a time when public affairs budgets are cut off.
“Nothing from our team goes,” said one of the head of public affairs at FTSE 100. Other pressure groups said that the executives were skeptical of the arrival they would face to the ministers in this event: “We did not have agents planning to attend.” A third said that companies “have become more striking about what they spend.”
The postponement of the event comes at a time when the Labor Party continues its efforts to persuade companies in its pro -growth agenda, despite the concerns of work on the high potential taxes in the future after Reeves increased the national insurance contributions to the employer and business prices.
“The Labor Party is regularly participating with a wide range of stakeholders and events often throughout the year, which gets a high level of attention,” said the Labor Party spokesman.
One of the invitation to the June event, which was sent in late May, stated that the series was launched because the Summit of Ordinary Business Leaders at the party’s conference in September was sold.
In the party March Price From the summit from 3000 pounds to 5,000 pounds.
The June event is the second work that has been withdrawn in recent months. In early March, the Labor Party canceled a planned audience with Reeves in Mercyside two weeks before it happened. Tickets were submitted at a price of 1500 pounds, according to one person who received an invitation. At a time when the party confirmed that the event was canceled, but it did not explain the reason.
The work has been criticized to charge large sums to reach the events with the ministers. Late last year, the party offered breakfast with Reynolds for 30,000 pounds in the field of care, an episode called “Cash for Croassans”. Reynolds said at the time he had no knowledge of the event.
The Labor Party said it “always issues any necessary ads in line with the rules of the electoral committee.”
https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F49cf601d-62fe-43ea-8427-c5b253cab59e.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1
Source link