In an official statement from the United Kingdom government agents, prime minister Theresa has formed five new business councils that will advise on how to create favorable business conditions in the united kingdom after Brexit.
Some of the big councils or forums include ITV chief Carolyn McCall, Tesco boss Dave Lewis, CBI Carolyn Fairbairn, and entrepreneur James Timpson.
Each one of the councils will meet 3 times in a year, only once with the prime minister Theresa and only once with one of the senior cabinet minister.
These 5 councils will be required to provide rules, advice and policy recommendations on some big business issues such as;
Each council will be co-chaired by 2 business leaders and it will comprise of about 10 members who will be representing the main sectors of the united kingdom economy. They will also represent the key business groups of the United Kingdom.
In an official statement, prime minister May Theresa said that the Brexit presents an opportunity to build a stronger and a better economy for the citizens in all parts of the country. Theresa May asked the 5 new councils to advise the country on the huge opportunities and challenges that might be facing many businesses as the government agents shape the country for a good future.
The co-chairs are expected to meet on Wednesday to discuss out agendas and future come up with future meetings timetables.
On Wednesday, Executives from BAE, Prudential, Tesco, GSK, BT, Timpson, ITV, Rolls Royce, and Santander will attend the meeting as well as CBI, FSB, IOD, and EEF who will be representing the major business groups.
Sir Roger Carr who is a co-chairperson of the committee looking at infrastructure, manufacturing, and industrial sectors said that they were a very crucial part of wealth creation machinery of their country where improved productivity, exporting and training was to be the stepping stone of their global well being and success.
This initiative came shortly after seventy businesses signed a letter calling for a public vote on the united kingdom’s Brexit deal.
The former chairman of Sainsbury, Justin King, and the chief executive officer of Waterstones were among the people who were recorded saying that the destructive Brexit could damage the united kingdom’s economy.