Family Business UK has extended its congratulations to Andy Burnham MP on his appointment as prime minister.
Following years of uncertainty and change, punctuated by five prime ministers in the last four years, Britain’s family businesses will be looking to the new administration to provide the clarity and stability needed to unlock long-term investment and employment across the country.
There was much to welcome in the Prime Minister’s first remarks outside Downing Street that point towards meaningful plans that align with the priorities set out in our Policy Agenda including;
- greater devolution of power to UK regions
- a focus on place-based growth
- tackling youth unemployment
- reforming procurement to support British industry
The Prime Minister also promised to set out a ten-year plan around a new economic and political model hinting at a long-term outlook and echoing the long-term approach taken by family business leaders.
Neil Davy, CEO of Family Business UK, said:
“Family businesses have faced a prolonged period of political and economic uncertainty which has made it difficult to plan, invest and make the long-term decisions on which their success depends.
“There are real opportunities for government and family businesses to work closely on creating genuine opportunities for young people, backing British businesses and incentivising investment, and empowering our nations and regions. We look forward to working constructively with the new Prime Minister and his new administration to turn these shared priorities into action.”
Click here to read more in depth comment on how the new Government can back family businesses.