Now several weeks into its tenure, the new British government has made a number of promising announcements, detailing its objectives and how these will be achieved. In the business community, we are particularly interested in the growth agenda and the envisaged strategies to pursue it. Business is expected to play a crucial role and most of us are prepared to support the government to facilitate the necessary productivity growth required to achieve the target of the best economic performance among G7 countries. Therefore, we hope for an emphasis on enhancing technical education, especially as new technologies and capabilities will be key drivers for decarbonisation.
Furthermore, given the ambitious targets of the net zero strategy, it is important that the business sector is provided with consistent and predictable government guidance, as this is the necessary ingredient for business communities to engage successfully. Over the summer, we will gain further insights into Sir Keir Starmer’s cabinet agenda and we look forward to contributing to help making the UK a more attractive place to do business. In this context, the envisaged closer relationship with the EU, especially in terms of aligning key standards, as well as improving the framework for moving talent in and out of the UK at short notice, would be highly beneficial.
For now, we at the Chamber wish everyone a relaxing summer and look forward to seeing you in the autumn.
Dr Ulrich Hoppe
Director General
German-British Chamber of Industry & Commerce
