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UK PM launches revamped Business Council co-chaired by Sunak

08 Feb '22
2 min read
Pic: Shutterstock
Pic: Shutterstock

Prime Minister Boris Johnson recently launched a new Business Council following two-year Brexit anniversary as part of ambitions to assert the United Kingdom as the best place in the world to do business. The revamped council, co-chaired by the chancellor of the exchequer Rishi Sunak, will convene a new cohort of business leaders to work with the government.

The council will help drive high productivity and a high-growth economy over the next 12 months and level up local economies around the country.

It will support the United Kingdom’s recovery from COVID-19 and prioritise delivering the green industrial revolution, creating new jobs and developing a skilled workforce, and unlocking global investment, according to an official release.

This follows the prime minister’s recent pledge to capitalise on regulatory freedoms two years on from the country’s departure from the European Union, in another move that will support businesses to invest, innovate and create jobs.

Building on the successes of last year’s Build Back Better Business Council, the Prime Minister’s Business Council will retain and implement the three core pillars of the Plan for Growth framework – infrastructure, innovation, and skills, against which council members will continue to translate goals into measurable action.

“We’ve got one of Europe’s most open economies thanks to our vaccine rollout programme, and with Plan B restrictions firmly behind us we can now go further to turbocharge the economy and unleash the benefits of Brexit,” Johnson said.

Fibre2Fashion News Desk (DS)

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