On the appointment of Rishi Sunak MP as Conservative Party Leader, the Advertising Association has issued the following comment.
Sue Eustace, Director of Public Affairs, said:
“We would like to congratulate the Rt Hon Rishi Sunak MP on his succession as Prime Minister and look forward to working with him and his team in due course. We are entering a period of economic uncertainty, and as recent events have shown cost of living and the impact of interest rates are still very much at the forefront among the challenges we face. Hence, we are keen to learn more about the Government’s plans to stabilise market conditions to set the ground for future growth. The advertising and marketing sector, with its creativity, dynamism and export success – is an important component of that growth story, and our previous research has demonstrated that every £1 spent on advertising can generate £6 for the wider economy. However, we do need to work with Government to address immediate and long-term issues affecting our sector. If we can get the right policies, we can unlock those barriers to fulfil that potential and do our part to get the UK back on a path of sustainable and green growth.”
Photo Credit: Shutterstock License, Johannes Asslaber
