Wednesday, November 07, 2018
Keeping Britain a good place to do business
The Prime Minister has formed five new Business Councils to advise on how to create the best business conditions in the UK after we leave the EU, embracing the opportunities of Brexit to build a stronger economy and creating more, better paying jobs.
Key facts: The new Councils will meet three times a year, providing advice and policy recommendations to the Prime Minister on the critical issues affecting business.
· Each Council will be co-chaired by two business leaders and have around ten members representing core sectors of the UK economy, as well as a representative from the UK’s key business groups.
· Some of the UK’s top business leaders will sit on the Councils, including bosses from ITV, the CBI, Rolls Royce, Tesco and Timpson.
· The Prime Minister will welcome the co-chairs of the Councils at Downing Street for the first time today, to set out their objectives and discuss issues such as productivity and international investment.
Why this matters: The UK has always been one of the best places in the world to do business and is a leader in sectors from advanced manufacturing to the creative industries. As we leave the EU, we have the opportunity to build a better economy for people all over the country, and these Councils will help us to achieve that.