Theresa May to tout ‘pro-business’ credentials whilst cracking down on 'rogue bosses'
Prime minister Theresa May will use a keynote address at the Lord Mayor’s Banquet, London, tonight to stress her governments "unashamedly pro-business" approach as it vows to target company bosses who "game the system".
May is seeking to ensure the UK remains an attractive destination for businesses to invest post-Brexit with a promise to back industries with strong growth potential and rebalance the economy away from services and back to manufacturing.
CityAM have obtained a preview of the speech in which May is expected to say: “We will do everything we can to make the UK outside the EU the most attractive place for businesses to invest and grow.
“We can also recognise when a minority of businesses and business figures appear to game the system and work to a different set of rules, the social contract between businesses and their employees fails – and the reputation of business as a whole is quickly undermined.”
May has come under pressure to stress that she is pro-business after eliciting ire from employers concerned about the potential impact of policies such as placing workers on boards, target excess pay and hit firms which fail to recruit sufficient numbers of staff from the UK.