Rishi Sunak’s Inaugural Business Council: Bosses Convene

Date:

Bosses from AstraZeneca PLC, Alphabet Inc’s Google, Shell PLC and other big companies will gather in Downing Street on Tuesday for the first meeting of Rishi Sunak’s Business Council.

Presented by Downing Street as a body responsible for reporting “from the front line of business”, 14 executives and bosses will take part in the meeting.

Other companies represented include NatWest Group PLC, J Sainsbury PLC, Vodafone Group PLC and BAE Systems PLC.

Mr. Sunak said: “The more companies innovate and invest, the more likely they are to succeed: “The more companies innovate and invest, the more we grow and create good jobs across the country.

“I look forward to hearing from business leaders about how we can break down the barriers they face and unlock new opportunities for them to thrive.

“My new Business Council is one of the many ways we are working to make the UK the best place to do business and invest, so that we can secure the future and growth of our economy.

Tuesday’s meeting will also include a reception for around 100 businesses to celebrate Britain’s entrepreneurial spirit.

The council should meet twice a year, and its members will be appointed until the end of the year.

Wael Sawan, CEO of Shell, said it was an honor to join the Business Council to “contribute to prosperity and growth in the UK, in particular through the provision of secure, affordable energy and more own”.

He added, “The economic and societal challenges we face today require frank collaboration between government and business to realize the undeniable growth potential we have in this country.

Pascal Soriot, CEO of AstraZeneca, said: “The private sector has a vital role to play: “The private sector has a vital role to play in working with government and society to build a sustainable economy.

“I look forward to productive discussions on issues relating to the UK’s growth agenda and the drive to truly become a global science superpower creating high value-added businesses and jobs and advancing UK ambitions. United in zeroing the world’s greenhouse gas emissions”.

Charles Woodburn, the boss of BAE, said: “It is more important than ever that government and industry work closely together and, as one of the UK’s largest employers, play a key role in support of national security and economic prosperity, I look forward to discussing how we can help drive growth and attract investment to the UK under the new Business Council.”

This article is originally published on zonebourse.com

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