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UK PM Burnham to meet business leaders to discuss growth

UK PM Burnham to meet business leaders to discuss growth

- British Prime Minister Andy Burnham will meet the bosses of several major companies on Monday to discuss his plans to generate economic growth, his office said.

  • Burnham will host a reception with the chief executives of companies including banks HSBC HSBA.L and Standard Chartered STAN.L, oil majors BP BP.L and Shell SHEL.L, and telecom firms BT BT.L and Vodafone VOD.L.

  • He will say his plans for devolution can help deliver much-needed infrastructure and will look to support a culture shift to back innovation.

  • The meeting with the bosses of Britain's biggest energy companies follows a report Burnham is set to delay a decision on whether to bring the Shell-backed Jackdaw gas field online until after a parliamentary by-election next month.

  • Ahead of the reception, he will hold a roundtable with British entrepreneurs from the fields of fintech, AI, clean energy and advanced manufacturing.

  • Burnham's finance minister John Healey last week used his first major speech since taking office to set out a brighter vision for the economy before an annual budget where he faces tough tax and spending choices.


(Reporting by Alistair Smout; Editing by Joe Bavier)

((alistair.smout@thomsonreuters.com; +44 207 542 7064; Reuters Messaging: alistair.smout.thomsonreuters.com@reuters.net/))

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