UK Economy Over the last week the UK economy has experienced substantial changes following the Chancellor’s tax-cutting mini-budget. The pound sterling fell to $1.03:£1 on Monday (26th October) due to global markets losing confidence in the UK; however, the Bank of England stepped into the bond market on Thursday with a new programme purchasing £5bn of gilts per day for the next 13 days. As such the UK government bond markets ...
Read MoreOskar is Vice president of Public & Regulatory Affairs at Vattenfall. We have an ongoing energy crisis all over Europe, caused by the limited gas supplies from Russia to Europe. All countries are now trying to find ways to secure the energy supply for the coming winterWe have seen a clear direction for many years to find clean, secure and affordable energy. The answer to this trilemma is to reduce the ...
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Chancellor’s ‘Mini’ Budget On Friday, 23rd September the new chancellor, Kwasi Kwarteng MP, unveiled his substantial plan to get growth back to its historic average of 2.5% per year in a bid to lift living standards and generate more money for public services. The Budget works to reduce the tax burden on both the public and companies- representing the largest level of tax cuts since 1972. Some key features from the ...
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Today marks the first two weeks of the Rt Hon Prime Minister Elizabeth Truss premiership. A new Cabinet is now in place, consisting of both familiar and new faces. The new Government now has 2 years of work ahead, until the next general election in 2024. Since taking office, the Prime Minister has announced three key priorities for her Government. One of them being economic reform, focusing on tax cuts and ...
Read MoreCharlotte is an entrepreneur, with one foot in the family business, DUX and one foot in new ventures such as the tech start-up Endbright. Charlotte is active as an advisor and board member in several companies and organisations, not least as Vice Chair of the BSCC Executive Board. Curated, well-thought through experiences. We pick and chose how we spend our time, our money and where we rest our minds with much care and effort. ...
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The Queen’s Funeral On Monday, 19th September 2022, The Queen’s state funeral took place at Westminster Abbey in the presence of over 500 heads of state and dignitaries among the 2,000 guests. Her Majesty’s “lifelong sense of duty” was remembered as King Charles III led the televised procession behind his mother’s coffin from Westminster Hall. Afterwards, the coffin travelled to Windsor Castle for a committal ceremony with around 800 guests at ...
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On Thursday 8 September the British-Swedish Chamber of Commerce welcomed guests to a Late Summer Drinks Reception hosted by Setterwalls. It was great to be able to gather members, colleagues and friends to reconnect after the summer. We would like to extend many thanks to all lovely guests for joining us. We would also like to extend many thanks to Setterwalls, and Edrington for generously sponsoring the reception.
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We are are always curious about the challenges and possibilities our member companies are facing within their industries. This week we are happy to share updates from Edrington and Essity on their commitment to the Race to Zero. Edrington Edrington, announced that it is joining the Carbon Disclosure Project as part of it’s larger strategy towards reaching Net Zero by 2045. By joining, Edrington commits to annually reporting environmental-related data in accordance ...
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About Liz Truss The Rt Hon Liz Truss has won the race to be the new leader of the Conservative Party and from Tuesday (6th July 2022) will be the new Prime Minister of the United Kingdom. Truss won 57% of the vote on the promise of a “bold plan” to cut taxes and tackle the energy crisis. The new leader has served as the MP for an ultra-safe seat in ...
Read MoreClaes Berglund has been a senior executive in the shipping industry for 15 years, including leading roles at Stena Line. Previously he worked for 12 years in road-based transport and third-party logistics services. Mr Berglund is also a reserve officer in the Royal Swedish Navy. Many things are going on at the moment in the wake of the pandemic and the terrible war in Ukraine but currently we are looking closely ...
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