Published: 7 February 2023
BAB Welcomes Creation of New Department for Business and Trade
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Contact: Dominic Parker, Senior Communications and Media Manager
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BritishAmerican Business CEO Duncan Edwards welcomed the Prime Minister’s decision to bring together the business and trade portfolios into one department.
“It is vital that international trade remains at the centre of the Government’s strategy and should form a central plank of a pro-business and growth agenda. Now more than ever, it is essential that the UK Government provides the best possible environment for overseas businesses to invest in the UK and for UK businesses to grow internationally.”
Mr Edwards also saw the creation of the Department for Energy Security and Net Zero as an important step forward for the UK economy. “With both the EU and the US both outlining ambitious visions and offering generous incentives to business to boost growth, it is clear that the UK will need to double down and accelerate its plans if it wants to remain competitive.”
About BritishAmerican Business
BritishAmerican Business is the leading transatlantic trade association incorporating the British-American Chamber of Commerce in the US and the American Chamber of Commerce in the UK.
We are committed to strengthening the economic corridor between the United States and the United Kingdom by supporting policies and actions that protect and enhance the environment for transatlantic trade and investment on behalf of our members.
We convene and serve a growing network of companies and business leaders through networking opportunities, bespoke programming and marketing platforms.
We actively promote trade and investment and support those who make the transatlantic corridor part of their business growth ambition.