As Boris Johnson alienates bosses, can Labour become the party of business?

Group senses moment to steal long-cherished Tory moniker, by talking up enterprise and social responsibility

For decades the Conservatives have styled themselves as the natural party of business. But now, as Boris Johnson stretches the relationship to breaking point, senior Labour figures believe their party has a historic opportunity to win that moniker.

Launching a report in Manchester on Friday backed by the shadow business secretary, Jonathan Reynolds, the affiliate group Labour Business said the party could seize the moment" to win over company bosses ahead of the next election.