Labour leader Ed Miliband will today hope to win the backing of small businesses by announcing plans for an industrial policy that would see business rates cut.
The leader of the opposition will make the pledge in a speech to executives at Jaguar Land Rover in Birmingham.
Miliband will also say his party’s policy for creating wealth relies on every business and sector, with retail playing a key part in the country’s industrial success.
Labour has already pledged to cut and freeze business rates for 1.5 million small firms with a rateable value of £50,000 or less.
However, greater levels of financial support could also be announced, with party officials suggesting small enterprises would be “first in line for tax cuts,” according to the Financial Times.
He is also expected to say paying the living wage and banning zero-hours contracts will raise productivity.