Skip to content 
Search

Latest Stories

Rishi Sunak seeks to repair government's tarnished economic record

The British Prime Minister said his ‘Business Connect’ platform would enable companies to engage directly with the administration

Rishi Sunak seeks to repair government's tarnished economic record

Prime Minister Rishi Sunak sought to repair the government's tarnished economic record, reaching out to the business community rocked by a scandal engulfing the Confederation of British Industry (CBI).

Sunak's Tories and the main opposition Labour Party are jockeying for position ahead of next year's national election.


The Tories, long known as the business party, have lost popularity in a cost-of-living crisis as inflation remains high – and after former prime minister Liz Truss created market chaos with unfunded tax cuts last year.

"We are going to keep engaging to make (Britain) the most pro-business, pro-growth country in the world," Sunak said in an address that was broadcast on social networking site LinkedIn.

Sunak, who was UK finance minister before leading the country, said his 'Business Connect' platform would enable companies to engage directly with his administration.

The news comes as a small number of high-profile firms withdrew from the CBI on Friday (21) after the nation's business lobby was shaken by fresh rape allegations.

Current finance minister Jeremy Hunt, addressing the gathering of chief executives and other business heads, said the government was "very concerned about the allegations of what's happened at the CBI.

"They are very, very serious."

He added: "It is not for us to decide who business wants to engage with but we are not going to wait for a reincarnation of the CBI or whoever, we want to engage the whole time, every week, every day, with business."

The CBI later announced that it had dismissed "a number" of "culturally toxic people" while its president Brian McBride apologised for having let down staff.

He admitted that the CBI failed to "act properly" when internal allegations were made, trying to find resolution in sexual harassment cases rather than dismissing the perpetrators.

"This... was our most grievous error, which led to a reluctance amongst women to formalise complaints," he said.

"It allowed a very small minority of staff with regressive -- and, in some cases, abhorrent -- attitudes towards their female colleagues to feel more assured in their behaviour, and more confident of not being detected.

"And it led victims of harassment or violence to believe that their only option was to take their experiences to a newspaper."

Business Connect will look to boost economic growth, Sunak insisted Monday before an audience of more than 200 high-profile business figures.

The UK remains plagued by double-digit inflation, prompting calls from many employers for the government to do more to stimulate economic output.

Hospitality, retail and tourism chiefs are calling for Sunak to reinstate tax-free shopping for tourists, a perk ended by Brexit.

The event focused partly on growth sectors, including advanced manufacturing, life sciences and technology.

"Business Connect provides the next fantastic opportunity to demonstrate how we are growing the economy," insisted Sunak.

However, Labour slammed the announcement and accused the government of mismanaging the economy.

(AFP)

More For You

National Trust sets vision to heal
nature and engage more Asians

Lisa Nandy, Steve Reed, René Olivieri and Hilary McGrady at a National Trust event marking its 130th anniversary

National Trust sets vision to heal nature and engage more Asians

THE National Trust, which is seeking to broaden its appeal to British Asians, is marking its 130th anniversary with a renewed commitment to restoring nature and widening access under a 10-year strategy.

Its director-general, Hilary McGrady, also aims to inspire more people to get involved in caring for the country’s natural resources.

Keep ReadingShow less
 7/7 bombings

The King said the public should draw on the 'extraordinary courage and compassion' shown in response to the attacks. (Photo credit: X/@RoyalFamily)

Starmer and King Charles pay tribute on 20th anniversary of 7/7 bombings

PRIME MINISTER Keir Starmer and King Charles on Monday paid tribute to the unity shown in the aftermath of the 7 July bombings in London, as the country marked 20 years since the attacks.

On 7 July 2005, four Islamist extremists carried out suicide bombings at Aldgate Station, Edgware Road, King's Cross and Tavistock Square. The attacks killed 52 people and injured hundreds more.

Keep ReadingShow less
Navroop Singh

Navroop Singh was convicted of five charges including rape and was sentenced on July 4 at Isleworth Crown Court. (Photo credit: Metropolitan Police)

Man jailed for life over rape and attempted rape in west London

A 24-year-old man has been sentenced to life in prison for rape, attempted rape and firearm offences following a Metropolitan Police investigation in west London.

Navroop Singh, of Mellow Lane East, Hayes, was convicted of five charges including rape and was sentenced on Friday, July 4 at Isleworth Crown Court. He must serve a minimum of 14 years.

Keep ReadingShow less
Lepra

'The 100 Club offers a powerful way to support and scale-up this work,' said the organisers.

Lepra launches 100 Club to support community-based leprosy detection

LEPRA launched its first high-value giving network, the 100 Club, on June 26. The event was held at Quilon Restaurant in London and brought together philanthropists, business leaders and supporters of the charity’s work.

The event was hosted by Kalpesh Solanki, Group Managing Editor of Asian Media Group and President of the 100 Club. Remarks were delivered by Lepra’s Chair of Trustees Suzanne McCarthy and CEO Jimmy Innes, who spoke about the organisation’s ASPIRE project.

Keep ReadingShow less
family-centre-iStock

Currently, one in four families with children under five do not have access to local children’s centres or Family Hubs. (Representational image: iStock)

£500 million plan to expand family services across England

THE UK government has announced the nationwide rollout of Best Start Family Hubs across every local authority, aiming to support 500,000 more children by 2028.

The hubs are intended to offer easier access to family services and reduce pressure on parents.

Keep ReadingShow less