Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

BT, Lloyds chiefs among new business advisers to Sunak -Sky News

Published 30/01/2024, 22:38
© Reuters. British Prime Minister Rishi Sunak meets Year 9 students taking part in a personal development lesson as he visits Haughton Academy to outline plans for the banning of single use vapes, in Darlington, Britain, on January 29, 2024.   Ian Forsyth/Pool via R
LLOY
-
BT
-

(Reuters) -BT Group's new CEO Allison Kirkby and Lloyds Banking Group (LON:LLOY) boss Charlie Nunn have joined a cohort of business leaders who will be named by Downing Street as advisers to British Prime Minister Rishi Sunak, Sky News reported on Tuesday.

Kirkby and Nunn are set to join Sunak's final business council along with senior executives from some of Britain's largest companies including Almac Group, Greggs (LON:GRG), ITV (LON:ITV), Rolls-Royce (LON:RR), Scottish Power and Unilever (LON:ULVR), the report said, adding an announcement was expected on Wednesday.

Downing Street, BT (LON:BT) and Lloyds did not immediately respond to Reuters' requests for comment outside normal business hours.

© Reuters. British Prime Minister Rishi Sunak meets Year 9 students taking part in a personal development lesson as he visits Haughton Academy to outline plans for the banning of single use vapes, in Darlington, Britain, on January 29, 2024.   Ian Forsyth/Pool via REUTERS/File Photo

Last year's business council, convened by Sunak in July, included senior executives from AstraZeneca (NASDAQ:AZN), NatWest (LON:NWG) Group, BAE Systems (LON:BAES), Sainsbury's, Vodafone (LON:VOD), Diageo (LON:DGE), Barclays (LON:BARC), and Shell (LON:RDSa).

The International Monetary Fund (IMF) on Tuesday cut its forecast for British economic growth next year and warned the government to not cut taxes in the run-up to a national election expected later this year due to high levels of public debt and growing demands on services.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.