Starmer's tax policies caused 'unease and disappointment'

Ross McNally, chief executive and executive chair of Hampshire Chamber of Commerce, said that while Sir Keir deserved personal credit for his public service during a period of "great economic and geopolitical challenge", many businesses had responded to his government with "unease and disappointment."

In a statement, Mr McNally said members had felt the impact of a heavier tax burden and increased regulation, which he described as "a direct consequence of government policy."

He said: "Now, as we enter yet another period of political transition, it is essential that policymakers across all parties maintain a clear focus on economic growth, business confidence, investment, skills and productivity. Employers and investors will be looking for continuity, certainty and a continued commitment to creating the conditions that enable businesses of all sizes to thrive."

Ross McNally, Chief Executive of Hampshire Chamber of Commerce (Image: Hampshire Chamber/Deep South Media)

Mr McNally said Hampshire Chamber stood "ready to work constructively" with the incoming leadership and called on the next Prime Minister to "adopt bold business-friendly policies to drive the growth that we so desperately require."

He added that an orderly transition of power over the coming weeks was vital to "ensure stability and minimise any economic disruption."

Sir Keir announced his resignation on Monday after facing mounting pressure from within his own party. He is expected to remain in Downing Street until a new Labour leader is elected, with Greater Manchester Mayor Andy Burnham currently regarded as the frontrunner to succeed him.