BAB Welcomes Andy Burnham

BritishAmerican Business Congratulates Prime Minister Andy Burnham and Outlines Five Priorities for the UK–US Economic Relationship

Contact: Contact: Dominic Parker, Associate Director, Communications & Media
dparker@babinc.org | 020 7290 9882

BritishAmerican Business congratulates Andy Burnham on his election as leader of the Labour Party and subsequent appointment as Prime Minister.  We look forward to working with the new administration to strengthen the UK-US economic relationship.

In the context of US-UK trade and investment, BritishAmerican Business believes there are five priorities for the Burnham Government:

  • Maintain momentum on the UK-US trade talks, continuing to implement the Economic Prosperity Deal and reduce barriers to trade and investment.
  • Re-start the Tech Prosperity Deal discussions; there are huge benefits to be had from a partnership on future facing technologies.
  • Strengthen the UK’s competitiveness by tackling the high cost of doing business, including energy costs, while providing a stable and predictable approach to tax, labor and regulation.
  • Provide businesses with long-term policy certainty, giving US investors the confidence to make decisions that create jobs and support innovation and growth.
  • Champion an open, outward-looking economic partnership with the US, recognising that UK-US trade and investment will remain central to the UK’s economic growth.

BritishAmerican Business CEO Duncan Edwards said:

“The Prime Minister will have a full in-tray, but one thing should be clear from the outset – maintaining a strong UK-US economic relationship must remain a priority.

“The US is our largest trading partner and most important source of investment. The UK cannot take US investment for granted; competition for global capital is intensifying and businesses have choices about where they invest. If the UK wants to remain the destination of choice for US companies, it must back this up with a clear set of pro-growth policies.

“BritishAmerican Business stands ready to work with the UK and US governments and businesses on both sides of the Atlantic to strengthen the UK-US economic corridor.”

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