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Atom Bank CEO among tech leaders endorsing Labour

Labour businesses
Image credit: Martin Suker / Shutterstock

Executives from tech firms including Atom Bank and Intrinsic Semiconductor have joined over 100 business leaders in endorsing the Labour Party.

In a letter signed by executives from 120 companies including Atom Bank CEO Mark Mullen and Giant Ventures co-founder Tommy Stadlen, the Labour Party was applauded for its new approach to supporting businesses ahead of the upcoming election in July.

“We are looking for a government that will partner fiscal discipline with a long-term growth strategy, working in partnership with the private sector to drive innovation and investment,” the letter said.

“Labour has shown it has changed and wants to work with business to achieve the UK’s full economic potential. We should now give it the chance to change the country and lead Britain into the future.”

Labour has been seeking to improve its standing among the business, finance and tech communities with policies aimed at increasing investment and economic stability.

The opposition outlined some of these policies in its Financing Growth report in February, which was largely welcomed by businesses.

Now in full campaigning mode following Prime Minister Rishi Sunak officially calling an election last week, Labour has been handed a boost from the letter.

Other tech and investment executives that signed the letter include founders and directors from the Raspberry Pi Foundation, Wild.ai, Implement AI, Orbex, Extend Ventures and Toft Ventures.

Read more: Three-quarters of tech leaders positive about Labour, survey finds

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