Starmer promises bosses it will be easier to build roads and warehouses
The Prime Minister called for firms to work in partnership with the Government to ‘rebuild Britain’.
Your support helps us to tell the story
As your White House correspondent, I ask the tough questions and seek the answers that matter.
Your support enables me to be in the room, pressing for transparency and accountability. Without your contributions, we wouldn't have the resources to challenge those in power.
Your donation makes it possible for us to keep doing this important work, keeping you informed every step of the way to the November election
Andrew Feinberg
White House Correspondent
Sir Keir Starmer has told business chiefs the Government is “ripping out the red tape” to allow construction of warehouses, roads and power grid connections.
The Prime Minister hosted chief executives in Downing Street, telling them a partnership between the public and private sector was needed to “rebuild Britain together”.
Sir Keir, Chancellor Rachel Reeves and Business Secretary Jonathan Reynolds mingled with more than 150 leaders from firms ranging from small family-run businesses to FTSE 100 giants.
The Prime Minister was expected to tell them: “Economic stability will underpin everything we do.
“No more chopping and changing. We will create the conditions for success and stability you need, so you can pursue the growth and opportunities the country needs.
“We’re ripping out the red tape so that, from warehouses to grid connections to roads, we’ll build them faster.
“We will have a new industrial strategy created in partnership with you. And we will make sure you have the tools you need to rebuild Britain as well as build your business.”
After Ms Reeves issued a warning to the Cabinet about the state of the public finances, Sir Keir was expected to say business was needed to work alongside the Government to repair the damage.
“Our public finances are in the worst place since the Second World War. So we need a new partnership between the public and private sector to rebuild Britain together,” he was due to say.
“This Government is on your side, and our door will be open to anyone who wants to join in this work of national renewal.”
The reception came after the Chancellor chaired the first meeting of the cross-government growth mission board.
“Growth is our number one mission and in our first few weeks this Government is taking the tough decisions to deliver on that agenda,” the Chancellor said.
“From planning reform and supporting our future industries to strengthening local leadership and forging ahead with new infrastructure, our work has just begun to fix the foundations so we can rebuild Britain and make every part of the country better off.”
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.