Rishi Sunak has hosted business leaders in Downing Street for the first meeting of his 2024 Business Council. The meeting is the first of many which the council will have with the Prime Minister this year to share intelligence directly from the shop floor to help boost the UK economy and create jobs.
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00:00 And I'm absolutely determined to make the UK the best place in the world to start growing
00:07 in businesses. Of course we're still baffling with lots of global headlines, not least that
00:11 inflation has been more than up from 11% down to 4%. Mortgage rates are starting to come
00:16 down, everyone is predicting us to grow this year. Our best to act, whether that's Frank
00:21 or I, he spoke to us about needing investment tax reliefs, we delivered a bit more than
00:26 they're trying to do in the autumn and something that I think over 100 or 200 businesses described
00:31 as the single most transformative thing we can do to grow productivity investment in
00:35 the UK, the government prioritised it.