The UK's industry leaders think Jeremy Corbyn's shadow cabinet poses a serious threat to British business.
A survey of FTSE 100 chairmen suggested that 55pc believed the composition of the shadow cabinet was "worrying", while 30pc said it was potentially "very damaging" for business.
The findings paint a dismal picture of the Labour Party's traction with British industry. Many of the chairmen voiced particular concerns about the shadow Chancellor, John McDonnell.
One chairman said: “Labour has turned down a path that seriously threatens UK business. If they become more electable, business would be damaged.”
Another added: “If Corbyn and his shadow cabinet ever got into power, it would be catastrophic for business.”
The survey, conducted by Korn Ferry, also found that the majority of FTSE 100 chairmen would back a renegotiation of the UK's membership of the European Union.
Fifty-two per cent want Britain to remain part of the EU, but only if certain aspects of its relationship are renegotiated, while 39pc said they wanted Britain to stay unconditionally.
The findings mark a shift in support towards unconditional membership: in 2014 the same survey revealed 81pc of chairmen believed Britain should renegotiate its relationship with Brussels, while just 15pc backed staying unconditionally.
Dominic Schofield, senior client partner at Korn Ferry, said: “Support for remaining in the European Union remains strong at the highest levels of British business, as does support for the Government’s business credentials over those of the shadow cabinet.
"Business leaders still have significant issues they believe the Government should address, however, with regulation and infrastructure delivery high on the list.”
The chairmen were also asked about the issue of gender diversity on boards, with many commenting that boardrooms had become "more balanced and thoughtful" with healthy female representation.
One chairman commented: "The difficult questions still get asked, possibly with a more diplomatic approach.”
Another added "The macho culture is dampened down by women in the boardroom. Women approach problem solving from different angles to most men.”
Another said greater female representation had brought “a more diverse set of views on key issues and improved boardroom dynamics resulting in improved outcomes".
One chairman suggested that men behaved better when there were women present in the boardroom, saying increased diversity had resulted in "better board behaviour and a more mature rounded response to issues”.
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