London Daily

Focus on the big picture.
Saturday, Apr 26, 2025

Rishi Sunak Goes Live On LinkedIn To Push UK's Growth Plans

Rishi Sunak Goes Live On LinkedIn To Push UK's Growth Plans

British Prime Minister Rishi Sunak on Monday joined a live question and answer session with a range of UK businesses as part of a new Business Connect programme, which he says will promote his economic growth priority and optimise the conditions for businesses in the country to thrive.
Over 200 of the UK's highest-profile CEOs and business leaders, representing key growth sectors, including tech, life sciences and advanced manufacturing, gathered in London for the first Business Connect event to hear directly from Rishi Sunak.

It came as Downing Street released the latest figures to show that 1,800 jobs a month have been created since October 2022 - the month Rishi Sunak took charge in the wake of a disastrous mini-Budget which resulted in predecessor Liz Truss being deposed as Prime Minister.

"Since taking office, I've spoken to over 1,000 business people - because they are the innovators and change-makers at the heart of our economy, supporting jobs, attracting investment and driving growth," said Mr Sunak.

"Business Connect provides the next fantastic opportunity to demonstrate how we are growing the economy. We are bringing together some of the UK's biggest companies and investors for meaningful dialogue - and I'm a prime minister passionate about working with business to unlock opportunity and progress," he said.

The British-Indian leader said the UK should be proud of its business credentials and pointed to the creation of 162 tech unicorns, smarter regulation and world-leading universities as the "right ingredients" to double down on growing the economy.

Alongside, Mr Sunak also unveiled new GBP 100 million in initial start-up funding for a new task force responsible for accelerating the UK's capability in the rapidly-emerging types of artificial intelligence (AI). The Foundation Model Taskforce, modelled on the success of the COVID-19 Vaccines Taskforce, will develop the safe and reliable use of AI across the economy and ensure the UK is globally competitive in this strategic technology.

"Harnessing the potential of AI provides enormous opportunities to grow our economy, create better-paid jobs, and build a better future through advances in healthcare and security. By investing in emerging technologies through our new expert taskforce, we can continue to lead the way in developing safe and trustworthy AI as part of shaping a more innovative UK economy," added Mr Sunak.

As part of long-term plans to create a more innovative UK economy, the UK government added a new "innovation" category at the Great British Entrepreneur Awards, to be hosted by UK Chancellor Jeremy Hunt at Downing Street on Monday evening. The new award will recognise bright and innovative ideas that deliver new products and services and can drive our economy forward.

"It's absolutely vital that we're listening to - and working with - industry leaders, innovators and disruptors as we deliver on our priority to grow the economy," said Mr Hunt.

The government also referenced plans for new trade deals, including a free trade agreement (FTA) being negotiated with India, as part of this economic growth strategy.

"By securing high-quality trade deals, scrapping market access barriers around the world and cutting needless red tape that holds businesses back, I will ensure the UK remains one of the best places in the world to start and grow a business," said UK Business Secretary Kemi Badenoch.

Several British businesses have expressed their support for the government's Business Connect initiative, designed as a platform for businesses to discuss the UK's growth plans and the role of technology.

"The UK continues to be a prominent financial centre that sits at the heart of global capital markets, and Barclays continues to support the UK government's ambitious plans to drive prosperity and economic growth for people and businesses here in the UK and beyond," said C.S. Venkatakrishnan, the Indian American Group Chief Executive of Barclays.
Newsletter

Related Articles

0:00
0:00
Close
Peter Navarro: The Man Behind Trump’s Tariff Madness
Milwaukee Judge Arrested on Allegations of Aiding Undocumented Immigrant’s Escape
Former U.S. Congressman George Santos sentenced to eighty-seven months for wide-ranging fraud
Trump administration moves to BAN essentially ALL artificial food dyes in the USA food supply at RFK Jr.'s direction
Woman slaps man at sports game and gets herself and husband beat up
Pope Francis: head of the Catholic church who pushed for social and economic justice
China do not pay these tariffs - you pay it. This is new 145% tax you pay to the US government.
Nightlife in the streets of Manchester
In God We Profit
Cultural Battles in the Vatican: The Candidates in the Battle for the Holy See and Pope Francis's Testament
Global Leaders Pay Tribute to Pope Francis Following His Death
Wild Chimpanzees Observed Bonding Over Alcoholic Fruit
US Federal Reserve Chair Issues Warning on Tariff Impact
UK Prison Officers Demand Electric Stun Guns Amid Safety Concerns
China, China, China!
Australian National Charged as Mercenary for Fighting in Ukraine
Israel Considers Limited Strikes on Iran's Nuclear Facilities Amid Diplomatic Efforts
Prince Andrew Joins Royal Family Attends Easter Sunday Service at Windsor Castle
Saudi Arabia Offers Max Verstappen Unprecedented Deal to Join Aston Martin
Global Pistachio Shortage Amid Rising Demand for 'Dubai Chocolate'
Trump is assembling a coalition of Western leaders aligned with the MAGA vision, strengthening a unified front for global change
IMF Predicts No Global Recession Amid Trade Tensions
Here’s a police officer with a brilliant gift for swift education
"Some complain that we put thousands in prison. In reality, we set millions free."
This is Vienna, Austria in 2025.
Boeing Jet Returns to US from China Amid Tariff War
Canadian Federal Election: Candidates' Positions on US-Canada Relations and Donald Trump
Resentencing Hearing for Menendez Brothers Who Killed Their Parents Delayed Amid Legal Disputes
Australian Woman Gives Birth To Stranger's Baby In IVF Mix-up
US Sets Deadline for Russia-Ukraine Peace Deal Brokerage
Italy Introduces 'Sex Rooms' in Prisons for Inmates
California Launches Legal Challenge Against Trump Administration's Tariffs
"Groundless": China Dismisses Zelensky's Claims It's Supplying Arms To Russia
UK Psytrance Festival Cancelled Amid Local Protests Over Noise Concerns
French Far-Right Writer Renaud Camus Denied Entry to UK
UK Police Force Updates Search Policy for Trans Individuals in Custody
Italian Prime Minister Giorgia Meloni Meets with Donald Trump to Discuss EU-US Trade Tensions
Canada's Federal Party Leaders Engage in Final Debate Ahead of General Election
Ukraine and US Sign Outline of Minerals Deal
Fast Food Chain Refuses to Apologize for Online Comment About Katy Perry's Space Voyage
New York Attorney General Letitia James Faces Criminal Referral for Alleged Mortgage Fraud
Mark Cuban admits support for Trump executive order: ‘Gotta be honest’
US Senator Meets with Deported Immigrant in El Salvador Amid Custody Dispute
U.S. State Department Raises El Salvador’s Safety Ranking, Making It Safer Than France and Other European Nations
UK Government Assumes Control of British Steel's Scunthorpe Plant Amid Shutdown Threat
UK MP Wera Hobhouse Denied Entry to Hong Kong During Family Visit
Bangladesh Issues Arrest Warrant for UK MP Tulip Siddiq
China Urges United States to Cancel Tariffs Amid Escalating Trade Tensions
The Empire’s USD Pyramid Scheme Is Working Brilliantly—So Why ‘Fix’ It?
China Raises Tariffs on U.S. Goods to 125% Amid Escalating Trade Dispute
×