The Council will focus on boosting innovation, investment and the talent market to drive the sustainable and stable growth.

Chief Executives from fourteen leading businesses across strategically important industry sectors have been selected as experts to join the PM’s council, representing AstraZeneca, Aviva, BAE Systems, Barclays, Diageo, Google Deepmind, GSK, NatWest Group, Sainsbury’s, Sage, Shell, SSE, Taylor Wimpey and Vodafone.

Prime Minister Rishi 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.”

“My new Business Council is one of the many ways we are making the UK the best place to do business and invest, so we can future-proof and grow our economy,” Sunak added.

The Business Council will offer a business perspective on the impact of the current economic landscape to help roadmap ways for government and industry to collaborate on the creation of skilled jobs and bolstering investment and innovation.

Steven Mooney, CEO of FundMyPitch, commented: “It is great to see the government taking a revised approach to economic growth, supporting key areas that are needed to achieve stability. Currently, our nation lacks adequate investment to support the businesses that foster innovation meaning more must be done to help those who wish to both invest and innovate. Not only will this make the UK a top destination to do business, attracting overseas investment, but it will promote job creation, creating further opportunities for growth. As the nation recovers, continued support of this nature is needed as we open up opportunities to allow businesses to flourish and our economy to prosper.”