Labour scraps £5,000 business event amid low interest

Thomas Edwards | 4th June 2025 | Lobbying, Policy & Think Tanks, Politics
Brighton,,Uk,,24,September,2019:,Labour,Party,Front,Bench,Mps

Labour has cancelled a high-priced corporate conference due to weak demand from executives and lobbyists. The £5,000-per-head event faced criticism over costs and limited ministerial access. It follows broader business unease with Labour’s tax and regulatory plans and raises questions over the party’s approach to corporate engagement.

The Labour Party has postponed a £5,000-per-head corporate conference due to lack of interest from executives and lobbyists. The event, scheduled for 23 June in London, was intended to connect business leaders with Labour’s economic strategy. Ministers including Chancellor Rachel Reeves and Business Secretary Jonathan Reynolds were expected to attend. However, several major firms declined to participate, citing high costs and limited ministerial access. It is the second Labour corporate event cancelled in recent months, following a similar withdrawal in Merseyside in March. Labour has faced criticism over the pricing structure for its business outreach. The party raised fees for its corporate conference from £3,000 in 2023 to £5,000 in 2024, excluding VAT. The previous year’s event sold out rapidly and generated over £1 million in revenue. Complaints about the quality of Labour’s engagement with business have grown. At the 2024 conference, delegates reportedly queued for refreshments a...

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