01 February 2024 , 12:35
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The Government has formed a new council of business leaders to advise the Prime Minister.
This year's Prime Minister's Business Council includes names like Rolls-Royce, BT and Greggs and the companies employ over 200,000 people across the UK. This is down from last year's group of business leaders who employed around 330,000.
Prime Minister Rishi Sunak said: "Coming from a small business family, I know how integral business is to communities and the wider economy. Without the jobs, growth, and innovation created by UK firms, the country simply wouldn't function. That's why I'm getting businesses in for a regular update on how well we are doing in delivering for business straight from the shop floor."
Debbie Crosbie, chief executive of Nationwide, said: "Business and government have a common interest in strong economic growth. It releases investment for communities, funds improvements in public services, and inspires innovation."
ScottishPower's boss, Keith Anderson, stated: "The Prime Minister has set out clear ambitions to significantly speed up investments in the critical infrastructure we need to deliver energy security and decarbonisation.
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"From clean homegrown energy to modern electricity networks, ScottishPower has a £12 billion plan to invest at record levels to help make these ambitions a reality creating the conditions for wider economic growth in the UK and unlocking skills and capabilities right across the domestic supply chain and in communities throughout the whole country."
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