- PM to meet private sector executives to boost economy before election
- Rishi Sunak forms new council of business advisers
- Labour seeks to present itself as business-friendly government-in-waiting
The Prime Minister will meet with private sector executives next week to boost economic momentum before the 2020 election.
Rishi Sunak is assembling a new council of business advisers, months ahead of a general election campaign in which the Conservatives’ economic legacy will be a central point of contention.
10 Downing Street invited a group of business leaders to participate in the initiative last week.
On Tuesday, their identities remained unknown, but previous incarnations of prime ministerial business advisory groups have included executives from BT Group, GlaxoSmithKline, J Sainsbury, and Rolls-Royce Holdings.
According to reports, the first meeting of Mr. Sunak’s new council is scheduled for next week.
The Conservatives’ election performance may hinge on the Prime Minister’s ability to foresee a big decline in inflation next year.
Boris Johnson, whose relationship with private sector executives was frequently strained, presided over several meetings of his business group, which included Octopus Energy, Iceland Foods, and Virgin Atlantic executives.
Three months after hundreds of CEOs attended corporate Connect, the government’s latest initiative to enhance corporate relations.
The second Global Investment Summit will be held in November, with executives from scores of multinational corporations expected to attend.
“The prime minister and ministers across government are constantly engaging with businesses and entrepreneurs to advance the people’s economic priorities,” said a No10 spokesperson.
We will elaborate on the PM’s business engagement in the usual manner.
Under the leadership of Sir Keir Starmer, Labour has been attempting to reposition itself as a government-in-waiting that is business-friendly.
