LFI says it supports a two-state solution to the Israeli–Palestinian conflict, with Israel recognised and secure within its borders, and the establishment of a viable Palestinian state.

In 2003, LFI described itself as "a Westminster based lobby group working within the British Labour Party to promote the State of Israel".

In 2011, LFI adopted a new strategy of becoming a wider membership organisation and of operating under the slogan "Working Towards a Two-State Solution".

[3] In September 2020, LFI doubled its number of vice-chairs to 11, with the addition of: Rosie Cooper, Chris Evans, Dame Diana Johnson, Peter Kyle, Conor McGinn and Catherine McKinnell.

[24] The Yigal Allon Educational Trust, founded in 1985 by former Prime Minister Harold Wilson, Ian Mikardo MP, Lord Glenamara and others, has supported Labour Friends of Israel.

[25][26][non-primary source needed] As of February 2022, the Officers, sitting MPs, Lords and former members who were supporters of LFI are set out below.