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Andy Burnham to tell business leaders Labour should value spirit of enterprise

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Leadership favourite to promise he would improve party’s reputation on the economy and ensure it celebrates contribution of wealth creators

Andy Burnham, the frontrunner to be the next Labour leader, is to argue that his party should value entrepreneurial businessmen and women as much as nurses and teachers.

The shadow health secretary, who is the favourite for the leadership, over Yvette Cooper and Liz Kendall, will promise an audience of business leaders on Friday that he would improve Labour’s reputation on the economy and ensure it values the contribution to society made by those who run companies.

Related: Andy Burnham: My campaign is ‘heart of Labour’. I am not into factional politics

Related: Len McCluskey: Labour's union link depends on concerns of next leader

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