April 24, 2023
1 min read

Sunak launches charm offensive on business leaders

Sunak has made reviving the economy one of his five key priorities, after Britain’s gross domestic product only regained its pre-pandemic size in February…reports Asian Lite News

Prime Minister Rishi Sunak will host a conference for business leaders on Monday where he will pledge to work with companies in the hope of reviving the economy and turning around his party’s fortunes before an election expected next year.

The conference called “Business Connect” is part of Sunak’s attempts to rebuild the governing Conservative Party’s relations with business, which were damaged during the economic turmoil of the premierships of Boris Johnson and Liz Truss.

Sunak has made reviving the economy one of his five key priorities, after Britain’s gross domestic product only regained its pre-pandemic size in February.

International Monetary Fund projections published this month showed Britain bottom of the world’s major economies in terms of expected growth in 2023, with a forecast that the economy will shrink by 0.3%.

Sunak, a former investment banker, along with finance minister Jeremy Hunt and business minister Kemi Badenoch will speak at a series of events on Monday to more than 200 executives representing sectors including technology and manufacturing.

On Monday, Sunak’s office said he will underline his commitment to improving the conditions for businesses to grow, recognising the government cannot achieve its economic priorities alone.

“We are bringing together some of the UK’s biggest companies and investors for meaningful dialogue – and I’m a prime minister passionate about working with business to unlock opportunity and progress,” Sunak said in a statement.

In what his office called his first ever LinkedIn Live event, business leaders will on Monday morning also have the opportunity to ask Sunak questions about business policy.

The prime minister will unveil an innovation category at the Great British Entrepreneur Awards on Monday evening, hosted by the finance minister at Downing Street.

ALSO READ-Sunak chairs COBRA meeting over Sudan

Previous Story

Inflation moderating in Asia: Morgan Stanley

Next Story

Musk’s wealth nosedives $12.6 bn

Latest from -Top News

UAE welcomes India’s all-party delegation

The United Arab Emirates is the first stop on this strategic tour, with the delegation engaging UAE leadership, parliamentarians, and media in a series of high-level meetings. In a significant diplomatic outreach,

Operation Sindoor: Indian MPs in Tokyo

Their visit marks the beginning of India’s unprecedented diplomatic campaign to expose Pakistan’s sustained role in cross-border terrorism…reports Asian Lite News An all-party parliamentary team led by JD(U) MP Sanjay Jha met

Tharoor carries Govt’s message to US

Congress MP Shashi Tharoor expresses his commitment to showcase India’s zero-tolerance stance against terrorism, emphasising that the mission transcends party politics and reflects national unity Congress MP Shashi Tharoor leads one of

Trump: No Place for Radicalism in US

Israeli Ambassador to the UN Danny Danon labelled the fatal attack a “depraved act of anti-Semitic terrorism”…reports Asian Lite News US President Donald Trump strongly condemned the shooting that killed two Israeli

‘Waqf not an essential part of Islam’

Solicitor General Tushar Mehta, representing the Centre, told a bench of Chief Justice of India BR Gavai and Justice Augustine George Masih Waqf Board does not touch upon any religious functions The
Go toTop

Don't Miss

UK pledges £22mn cybersecurity funding for vulnerable countries

Speaking at the National Cyber Security Centre’s CYBERUK conference, Raab

UK reboots economy to survive worst phase

It is claimed that DCTS will save UK businesses over 770