Management Today asks: What do CEOs want from the new Prime Minister?

Martin Sutherland, Chief Executive Officer at Reliance acsn, spoke with Management Today along with other CEOs to discuss what they would like to see from the new Prime Minister.

First published in Management Today on the 13th July 2022

What do CEOs want from the new Prime Minister?

The UK’s political leadership race is well underway with eight candidates campaigning to be the next leader of the Conservative party and the new Prime Minister.

But the legacy of Boris Johnson has left a nasty taste in many a mouth; from his bumbling speeches about Peppa Pig World to breaking several lockdown rules during the height of the pandemic, the former Prime Minister’s departure from No 10 was welcomed not just by some of the general public, but also his own party.

Whoever takes over the role will have to wrestle with surging inflation, a raging cost-of-living crisis and a country that has felt betrayed by its leadership figures.

But what do CEOs want? We asked CEOs what they want the next leader of the country to do to help their businesses thrive.

Martin Sutherland, CEO, Reliance acsn

As the country continues to recover post-pandemic, our new prime minister must focus on creating a stable, low inflation economy – improving business confidence and driving increased investment for the future. I would like to see the creation of a lower corporation tax environment, enabling us to maximise the amount we can reinvest into business and help drive innovation and growth. 

For the technology sector, further commitments to R&D within universities to drive future IP generation would be welcomed, along with increased investment in training and development across STEM subjects, as this will prove crucial to addressing the critical shortage of skills within the industry.

For the full article head to Management Today.