Business feathers unruffled by Jeremy Corbyn's election as Labour leader

Some leaders praise Corbyn's infrastructure plans while others foresee potential disaster, but most will wait to whether rhetoric becomes policy

Despite his threats to renationalise the railways, crack down on excessive executive pay and raise some corporate taxes, the reaction from the business community to Jeremy Corbyn's leadership of the Labour party was calm.

Some business leaders have gone out of their way to praise parts of his agenda, born of frustration at perceived Conservative failures to kickstart new transport links, power stations and house construction.