The UK's business groups have pledged to work in partnership with the new Labour
government to revitalise the nation's economy.
Labour leader Sir Keir Starmer is the new Prime Minister after leading the party
to a decisive win in the General Election.
Shevaun Haviland, Director General of the British Chambers of Commerce (BCC),
said:
'Congratulations to the Labour Party on their victory after a long and
hard-fought campaign.
'The public have delivered them a clear and decisive parliamentary majority –
hopefully they will use this mandate to provide the stability and certainty
businesses crave.
'How we revitalise our economy was hotly debated throughout the past six
weeks, and it is encouraging to see they have many policies which clearly
align with our recommendations.
'But after a gruelling election the really hard work starts now. We need to
see action from day one on pulling together a coherent industrial strategy
for the long-term, which places a strong emphasis on harnessing green
innovation.
'Closing the skills gap, growing exports, boosting productivity and
harnessing the power of AI won't happen overnight.'
The Confederation of British Industry (CBI) also congratulated Starmer and Labour
on their victory.
Rain Newton-Smith, CBI Chief Executive, said:
'Delivering sustainable growth should be the defining mission for the new
government. Business stands ready to bring its innovation, ideas, and
investment to make that shared mission a reality.
'Building a partnership for prosperity between government and business holds
the key to unlocking a revitalised pitch to global investors.
'By working with business, the new government can deploy the capability and
capacity of industry to deliver the connected transitions across net zero,
the digital economy, and the future of work needed to put the economy on a
pathway to sustainable growth.'
Internet link: BCC CBI