’We will create the conditions for success and stability you need,’ says prime minister
Aviva group chief executive Amanda Blanc was pictured with recently elected UK prime minister Kier Starmer last week (23 July 2024) at an event for UK leaders from across the business world.
Labour prime minister Starmer hosted the CEO Business Reception at Downing Street just 17 days after his party won the UK general election on 5 July, indicating his desire to work with UK firms on issues such as the economy and investment.
At the event, which was attended by over 150 UK chief executives, Starmer told UK businesses that he was “on [their] side” and would like to develop a “new partnership” with the private sector.
He added: “We will create the conditions for success and stability you need, so you can pursue the growth and opportunities the country needs.
“We will make sure you have the tools you need to rebuild Britain as well as build your business.”
Boosting growth
Blanc has long stated Aviva’s desire to assist in increased investment in UK industry.
Read: Aviva’s Blanc to advise chancellor on creation of national wealth fund
Read: Aviva’s Blanc hits back at Labour’s ‘flawed’ view on car insurance
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Speaking to Insurance Times earlier this month, she said: ”At Aviva we are backing the UK and stand ready to invest even more to help boost growth, create jobs and deliver net zero.
”We need closer working between government and business to make that happen.”
Blanc is also part of an advisory board that will assist new chancellor Rachel Reeves on the creation of a new UK national wealth fund, which said was “a significant step in the right direction” to help boost UK growth.
However, during the election the Aviva chief executive also hit out at the Labour Party’s “flawed” view on car insurance, stating that a promised clamp down on the sector would be using “a sledgehammer to crack a nut”.
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