Wasn't there economic bodies who approved their manifesto?
I seem to recall it being backed.
#I'm editing this because I've just looked it up. No organisations did but it had mass approval from very famous economists.
A letter published in The Guardian on June 19, 2024, signed by 17 economists, including Nobel Prize winners and former Bank of England officials, supported Labour’s economic agenda under Keir Starmer and Rachel Reeves. Notable signatories included:
- Joseph Stiglitz, Nobel laureate and professor at Columbia University.
- Thomas Piketty, professor at the Paris School of Economics.
- David Blanchflower, former Bank of England Monetary Policy Committee member.
- Mariana Mazzucato, founding director of the Institute for Innovation and Public Policy at University College London.
- Richard Layard, labour market expert and Labour peer.
These economists praised Labour’s focus on addressing economic stagnation, low productivity, and underinvestment in skills, infrastructure, and innovation, as well as its plans to improve post-Brexit trade with the EU and accelerate the net-zero transition. They described Labour’s approach as a “credible economic alternative” to the Conservative record of weak growth and higher taxes over the previous 14 years.
The IFS, in its analysis of Labour’s 2024 manifesto, noted that Labour’s proposed tax rises and spending increases were “tiny, going on trivial,” and while it acknowledged the focus on growth, it highlighted that the manifesto did not fully address fiscal trade-offs or provide detailed costings for all policies.
Additionally, over 100 business leaders signed a letter supporting Labour’s economic stability agenda, as reported by Reuters on May 28, 2024, though this was not an endorsement from an economic body but rather from private sector figures.
England
Ireland
Scotland
