Goldman Sachs Group Inc., Barclays Group Plc, Vodafone Group Plc and Google are among the big corporate names taking part at Labour’s conference in Liverpool next month, where the voice of private equity – the British Private Equity and Venture Capital Association – is also paying to back an event.
It is also the first time that major UK companies such as pensions specialist Phoenix Group Holdings Plc and Ovo Energy Ltd. have sponsored events at Labour’s conference.One supporter of Labour’s new direction is Gareth Quarry, a British businessman who has made a fortune in legal recruitment including at a business he created, SSQ.
Labour has also improved its relationship with small businesses ahead of a general election which must come by January 2025. TheCityUK, the lobby group for financial and professional services, is hosting a dinner at the Conservative gathering in Manchester, sponsored by American bank JP Morgan, while it is also sponsoring drinks events at the Labour gathering alongside Barclays. Tickets for the Conservatives’ business day sold out in June, compared with September last year, according to a person familiar with the matter.