Liz Truss has picked a former EDF Energy govt to spearhead Downing Street’s enterprise engagement technique as she seeks to place her administration on a pro-enterprise footing.
Sky News has learnt that Michael Stott, who has additionally labored as a Conservative Party press officer, has been recruited by the brand new prime minister as the top of enterprise liaison in Number 10.
The appointment sees Mr Stott exchange Alex Hickman, who held the position throughout a turbulent two years below Boris Johnson.
The enterprise liaison submit in 10 Downing Street is considered an important one by personal sector chiefs as a result of it acts as a conduit for reflecting issues in regards to the British economic system and authorities coverage.
Under Mr Johnson and his predecessor, Theresa May, the enterprise neighborhood repeatedly complained about being frozen out by ministers.
In her first fortnight within the job, Ms Truss has struck an unapologetically pro-business tone, paving the way in which for a tax-cutting mini-Budget later this week.
The new PM and her chancellor, Kwasi Kwarteng, are additionally reported to be making ready to desert the EU-imposed cap on bankers’ pay, a coverage choice that many Tories consider might backfire throughout the cost-of-living disaster.
Mr Stott has labored for public affairs, or lobbying, corporations together with Lansons, Luther Pendragon and Hill & Knowlton.
He spent three years on the French state-controlled vitality group EDF, which is among the UK’s greatest retail energy suppliers and is closely concerned within the authorities’s new-build nuclear programme.
His appointment was confirmed by a Downing Street insider.
The new enterprise liaison head is known to have begun assembly personal sector executives in his new position up to now week.
On Wednesday, Ms Truss is to satisfy greater than a dozen firm bosses to debate her fledgling financial technique.
It is unclear whether or not she plans to determine a enterprise advisory council of the type arrange by a few of her predecessors.
Downing Street declined to remark.
Source: information.sky.com”