On Saturday, it was announced that Mr Starmer won a landslide victory in the leadership race.

Claire Bennison, head of ACCA UK, said: “We welcome the Labour Party’s election of Sir Keir Starmer as its leader.

“During this unprecedented COVID-19 pandemic, now more than ever a robust opposition is crucial in order to hold the government to account.

“We hope the leader of the opposition will continue to work closely with government during this uncertain time to ensure that guidance and support in light of COVID-19 remains timely and practical.

“And post-pandemic, the UK will enter into a new era allowing a return to domestic and international policies. ACCA hopes opposition parties can keep important issues such as sustainability, audit and tax system reforms at the top of the UK’s political agenda.”