The Chancellor Jeremy Hunt has commissioned the Office…
Business Council. The Council is comprised of leaders from FTSE 100 companies to small and medium-sized businesses. It will meet with the Prime Minister at Downing Street on a regular basis to share information.
Chief executives from businesses such as BT Group, Nationwide, Scottish Power, Unilever, Barratt Developments, ITV, Raspberry Pi, and Greggs, as well as many other firms, will represent their business on the Council. The firms involved account for over 200,000 employees and cover a spread of industries across the UK.
It is hoped that the Business Council will help to bring a real-world perspective on how business is being impacted by the current economic climate, as well as look at how government and industry can work together. For more information, see: https://www.gov.uk/government/news/2024-business-council-launched