The Conservative Party is set to pledge to "dismantle" Labour's Employment Rights Bill, and create a "world-beating offer" for "wealth-creators".
In a speech at the Prosperity Institute tomorrow, shadow business secretary Andrew Griffith will pledge that the next Tory government will repeal the parts of the bill which "hand enormous power to trade unions who grind our economy to a halt".
Business leaders will be consulted on what else needs "dismantling", as part of efforts to "once again make the Conservative Party the party of business".
Griffith will also commit to setting up a "backing business advisory board" to help shape the Tories' business policy.
He will say in his speech: "In a complete inversion of the Labour cabinet, everyone on it will have worked in or set up a business.
"With their guidance, we will finally wield the scythe against the red tape that holds businesses back and makes us all poorer."
The shadow business secretary will also pledge to "draw up a genuinely world-beating offer for wealth creators".
"We know that you don't make the poor richer by making the rich poorer. We will not only undo the damage Labour is doing now, we will put forward a plan that makes this country the best in the world to invest and build wealth."