Labour launches review of business funding to support startups

Rachel Reeves says Labour wants to make Britain the best place in the world to start and grow a business

Labour has launched a review of business startup funding driven by a group of industry leaders including the former Goldman Sachs chief economist and Conservative Treasury minister Jim O'Neill as it attempts to improve its credentials with business.

Announcing the review amid concern over the strength of the British economy, Rachel Reeves, the shadow chancellor, said Labour wanted to make Britain the best place in the world to start and grow a business.