Friday, July 10, 2026
spot_img
HomeBusinessEconomyUK’s Build Back Better Business Council examines economic recovery

UK’s Build Back Better Business Council examines economic recovery

By Caribbean News Global fav

LONDON, England (CNG Business) – The first meeting of the new Build Back Better Business Council held Monday, January 18, 2021, was chaired by prime minister Boris Johnson and the Chancellor Rishi Sunak. The business secretary, trade secretary and vaccines minister also attended the meeting.

“The Council discussed the government’s plan and offered their individual perspectives on the best ways to promote economic recovery and growth going forwards. The Council agreed to continue to provide feedback on the proposal in the coming months and consider the role that businesses can play,” prime minister’s office, 10 Downing Street, said in a release.

Prime minister Boris Johnson highlighting the importance of “businesses and government continuing to work together; the need to shield the economy from the deepest economic downturn in centuries” and the need to “look ahead to our economic recovery and the wider task of renewing the UK.”

The prime minister also outlined the need to seize opportunities of Brexit, support job creation, cement the UK’s position as a science superpower, deliver an upgrade to infrastructure and launch a green industrial revolution – ensuring that we build back better, fairer, greener, and faster.

The Chancellor laid out the three key pillars of the government’s plan to drive growth beyond the pandemic: investing in infrastructure, skills and innovation. “He set out that improved infrastructure leads to improved productivity, skills are the single best way to drive human productivity and key in addressing regional disparity, and investment in innovation is critical to deliver new growth, ideas and services.”

The business secretary gave an update on the Better Regulation Cabinet Committee, reinforcing how this would be about improving standards and fostering a more supportive business environment. The trade secretary spoke about the office for investment and the work government is doing to identify and encourage investment into the UK.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Caribbean News

ECCB unveils new EC banknotes featuring national heroes and regional icons

BASSETERRE, ST Kitts — The Eastern Caribbean (EC) banknotes have been redesigned to honour the people, heritage and achievements of the eight member countries of the Eastern Caribbean Currency Union (ECCU). Governor of the Eastern Caribbean Central Bank (ECCB), Timothy N.J. Antoine, has unveiled the new designs, marking a historic milestone in the evolution of EC currency. For the first time, the banknotes will no longer feature the likeness of the late Queen...

Global News

Taiwan strongly opposes China’s ethnic unity and progress promotion law

MOFA urges international community to jointly counter authoritarian expansionism TAIPEI, Taiwan - The Ministry of Foreign Affairs (MOFA) expresses strong condemnation and solemn opposition...
Social Media Auto Publish Powered By : XYZScripts.com