Could proportional representation bring economic benefits?

The 2024 general election gave the winning, Labour party a flattering proportion of parliamentary seats at the expense of some of four smaller parties. In what is now seen as a multi-party system, polls indicate that at the next general election, the current first-past-the post system could produce a very different outcome. A possible result might be a populist government with a vote share of just 30%. As shown in other countries, such a change could have big implications for political stability, as well as economic, trade and business policies. For these reasons, we have asked Anna Dixon, the MP for Shipley, to lead a discussion exploring an alternative system of proportional representation for UK national elections, and the possible benefits this could bring for the economy and individual businesses.