Cryptic crossword clue
Two Labour leaders set to sack head of union for business grouping 8

The most common and most likely answer to this crossword clue is the 8 letter word KEIRETSU

I've seen this crossword clue in The Guardian
K
E
I
R
E
T
S
U

Buddy explains!

The straight part
We know that "business grouping" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case business grouping = keiretsu.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does KEIRETSU mean?

KEIRETSU noun
  1. A set of Japanese companies with interlocking business relationships and shareholdings.

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