Labour Must Reassure Businesses on Corbyn Government, Khan Says

(Bloomberg) -- Jeremy Corbyn needs to show businesses that his Labour Party sees them as a “force for good” to calm concerns about the prospect of him one day becoming prime minister, London Mayor Sadiq Khan told Bloomberg TV.

Shadow Chancellor John McDonnell is trying to work with businesses to develop new policies, Khan said. Labour has proposed to force companies to hand 10 percent of their equity to workers if it comes to power.

“Many communities are crying out for a greater share of the fruits of globalization, for a greater share of the profits that they see a smaller number of people making,” he said.

To contact the reporter on this story: Jessica Shankleman in London at jshankleman@bloomberg.net

To contact the editors responsible for this story: Tim Ross at tross54@bloomberg.net, Stuart Biggs

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