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Business & Finance

UK prime minister calls for business culture shift, report says

BBC News reports that the prime minister urged support for risk-takers ahead of talks with corporate leaders.

Updated Sep 13, 2026 · 21:47 UTC1 reports

The short version

  • Prime Minister Andy Burnham stated the UK needs a culture shift in business and pledged government backing for risk-takers.[BBC News]
  • Burnham is scheduled to host corporate executives from firms including BP, Shell, HSBC, and BT at Downing Street.[BBC News]
  • Opposition critics argue that government policies have increased business costs, while UK 10-year bond yields remain higher than those of the US, France, and Japan.[BBC News]

Key facts

  • Prime Minister Andy Burnham called for a culture shift in how the UK does business and urged government support for risk-takers.[BBC News]
  • Burnham scheduled a Downing Street meeting with leaders from major companies including BP, Shell, HSBC, BT, Vodafone, Sainsbury's, Morrisons, and Rolls-Royce.[BBC News]
  • Conservative shadow business secretary Julia Lopez argued that the government should reduce taxes to foster business growth.[BBC News]
  • UK 10-year bond yields are higher than those of the US, France, and Japan.[BBC News]

What remains uncertain

  • The long-term economic impact of policy changes on business growth remains debated between government leaders and political opponents.[BBC News]

Sources

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.