Businesses ready to work in partnership with the Labour government.
The UK’s business groups have pledged to work in partnership with the new Labour government to revitalise the nation’s economy.
Labour leader Sir Keir Starmer is the new Prime Minister after leading the party to a decisive win in the General Election.
Shevaun Haviland, Director General of the British Chambers of Commerce (BCC), said:
‘Congratulations to the Labour Party on their victory after a long and hard-fought campaign.
‘The public have delivered them a clear and decisive parliamentary majority – hopefully they will use this mandate to provide the stability and certainty businesses crave.
‘How we revitalise our economy was hotly debated throughout the past six weeks, and it is encouraging to see they have many policies which clearly align with our recommendations.
‘But after a gruelling election the really hard work starts now. We need to see action from day one on pulling together a coherent industrial strategy for the long-term, which places a strong emphasis on harnessing green innovation.
‘Closing the skills gap, growing exports, boosting productivity and harnessing the power of AI won’t happen overnight.’
The Confederation of British Industry (CBI) also congratulated Starmer and Labour on their victory.
Rain Newton-Smith, CBI Chief Executive, said:
‘Delivering sustainable growth should be the defining mission for the new government. Business stands ready to bring its innovation, ideas, and investment to make that shared mission a reality.
‘Building a partnership for prosperity between government and business holds the key to unlocking a revitalised pitch to global investors.
‘By working with business, the new government can deploy the capability and capacity of industry to deliver the connected transitions across net zero, the digital economy, and the future of work needed to put the economy on a pathway to sustainable growth.’
In summary, the UK’s focus on sustainable growth and green innovation, supported by the new Labour government's proactive stance, presents numerous opportunities for businesses.
By staying informed and adaptable, businesses can navigate these changes and thrive in the evolving landscape.
Who Are The BCC and The CBI
The BCC is a key network of businesses across the UK, providing support, advocacy, and a voice for businesses of all sizes and sectors. They work closely with policymakers to shape the business agenda.
The British Chamber of Commerce
The CBI represents UK businesses, advocating for a competitive and sustainable business environment. They work with the government to influence policy and drive economic growth.
The Confederation of British Industry
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We hope these collaborations will benefit our clients and the wider UK business landscape.
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