UK needs culture shift to drive business, says Andy Burnham
· Business · BBC News, Bloomberg
UK Prime Minister candidate Andy Burnham has called for a fundamental culture shift in how the country conducts business ahead of high-level meetings with major corporate leaders. way plans to engage with executives from firms such as BP, Shell, HSBC, and Vodafone to discuss attracting investment and creating jobs. This push comes as the government faces criticism over rising business costs following changes to national insurance and the minimum wage under previous leadership. While July data showed a surprise economic boost driven by artificial intelligence investment, experts warn of slowing growth due to high energy prices linked to US-Israel tensions.
Why it matters
The UK is currently facing higher borrowing costs than the US and France due to investor confidence concerns over political stability. The government's ability to partner with big business is critical for overcoming these headwinds.
Read the original report — BBC News
Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.