Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      The next person to shop your store may not be a person at all

      AI shopping agents are rewriting the rules of online retail across North America

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Cohere's Aidan Gomez bets the house on 'sovereign AI' with Aleph Alpha merger valuing the group at $20bn

      Cohere CEO Aidan Gomez on stage discussing the Toronto AI lab's strategy

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Moonvalley's Naeem Talukdar is selling Hollywood the one thing rival AI video tools cannot: legal cover

      Moonvalley's Marey AI video model produces Hollywood-grade footage trained on licensed data

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Tuesday 18 July 2023 10:55 am  |  Updated:  Tuesday 18 July 2023 10:56 am

Bosses from Natwest, Shell and Sainsbury’s join PM’s new taskforce to boost growth

By: Jessica Frank-Keyes

Political Reporter

Add as a preferred source on Google
PM Rishi Sunak Speaks At London Tech Week
New legislation would likely limit the production of large language models such as ChatGPT and Google's Gemini.

Top bosses from firms including Barclays, Aviva and Shell have joined the Prime Minister’s new business council aimed at supercharging the UK’s growth.

Prime Minister Rishi Sunak will chair the first business council meeting at No10 today, followed by a glitzy reception for scores of industry bigwigs to celebrate UK enterprise.

CEOs including Alison Rose of Natwest and Barclays boss C. S. Venkatakrishnan said they were “delighted” and “honoured” to be part of the project, which hosts a total of 14 major chief executives.

Top of their agenda will be action to boost investment, support innovation, encourage skills and talent development and grow the economy, No10 said.

Sunak said: “The more businesses innovate and invest, the more we grow and create good jobs right across the country.

“I look forward to hearing first-hand from business leaders about how we can break down the barriers they face and unlock new opportunities for them to thrive.”

Venkatakrishnan added: “Barclays is committed to supporting the government in unlocking investment and harnessing innovation. Together, we seek to turbocharge sustainable economic growth and inclusive prosperity for the UK.”

The committee is made up of bosses from across a range of sectors, from construction, life sciences and tech to financial services and energy, employing around 330,000 UK workers.

They are: Astrazeneca CEO Pascal Soriot; BAE Systems CEO Charles Woodburn; SSE CEO Alistair Phillips-Davies; GSK CEO Emma Walmsley; Google Deepmind co-founder and CEO Demis Hassabis; Natwest Group CEO Alison Rose; Sainsbury’s CEO Simon Roberts; Barclays CEO C. S. Venkatakrishnan; Diageo CEO Debra Crew; Aviva CEO Amanda Blanc; Shell CEO Wael Sawan; Vodafone CEO Margherita della Valle; Taylor Wimpey CEO Jennie Daly; and Sage CEO Steve Hare.

Read more

Rachel Reeves reforms ring-fencing in boost to Natwest and Lloyds

NatWest bank branch exterior with signage, reflecting current branch network changes amidst financial industry updates

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Politics

Related Topics

  • Artificial intelligence (AI) and robots
  • AstraZeneca
  • Aviva
  • BAE Systems
  • Barclays
  • Diageo
  • Google
  • NatWest
  • Rishi Sunak
  • Sage Group
  • Sainsbury (J)
  • Shell
  • SSE
  • Taylor Wimpey
  • UK Government
  • Vodafone Group

Trending Articles

  • As it happened: FTSE 100 relief rally runs out of steam as BP and Shell weigh; Oil hits three-month low

  • London Tech Week sums up everything wrong with UK tech

  • KPMG’s Summer Friday half-day rollback signals deeper woes for Big Four giants

  • Rolls-Royce shares surge as SMR unit bags multi-billion pound Swedish nuclear contract

  • Inflation expectations at record high in interest rates signal

More from CityAM

  • Rachel Reeves reforms ring-fencing in boost to Natwest and Lloyds

    Banking
    NatWest bank branch exterior with signage, reflecting current branch network changes amidst financial industry updates
  • ZayZoon, the Calgary fintech born on a fishing boat, posts 1,487% growth as earned wage access goes mainstream

    ZayZoon co-founder Tate Hackert built the Calgary fintech around earned wage access
  • Reeves to overhaul ring-fencing regime in a bid to boost the UK economy

    Banking
    HSBC's Canary Wharf office.
  • Natwest to pump £50m into branches after shuttering over a thousand

    Banking
    NatWest bank front entrance with logo and signage on urban street, highlighting financial institution presence in the city.
  • Botpress raises $25m as Quebec's Sylvain Perron pitches his startup as the 'infrastructure layer' for AI agents

    Botpress product UI: the Quebec startup pitches itself as the infrastructure layer for enterprise AI agents
  • FluidAI wins US FDA clearance for its surgical monitor as Waterloo's Youssef Helwa targets 100,000 operations

    FluidAI's Origin surgical monitor wins FDA clearance for use in US hospitals
  • Barclays and Lloyds shares sink as political storm puts banks in tax sights

    Banking
    Barclays posted its first-quarter update on Wednesday.
  • Investors ‘reluctant’ to splash cash on UK banks amid crisis in Number 10

    Banking
    Andy Burnham addressing audience as Mayor of Greater Manchester in formal setting, wearing a suit and tie.
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
Copyright 2026 CityAM Limited