Skip to content
Saturday 8 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,901.09
+0.31%
DAX
26,319.45
+0.69%
CAC 40
8,714.93
+0.17%
STOXX 50
6,523.86
+0.33%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Saturday 04 October 2025 4:01 pm

Business chiefs would be ambassadors if Tories re-elected

By: Mauricio Alencar

Politics and Economics Reporter

Add as a preferred source on Google
Shadow business secretary Andrew Griffith has said he would make it easier for small businesses to open bank accounts. (Photo by Dan Kitwood/Getty Images)
Griffith called out financial regulators

Business chiefs would be made ambassadors to represent the UK’s interests abroad if the Tories were re-elected into government.

Leaders from the private sector would be part of a “cultural revolution towards commerce” under a Conservative government, according to shadow business secretary Andrew Griffith and shadow foreign secretary Priti Patel.  

In an article for the Telegraph, the shadow Cabinet ministers said the change, which is similar to moves made by President Trump, would stop the UK relying on career civil servants from serving as ambassadors. 

The Foreign Office currently has dedicated civil servants working towards Labour’s growth mission. UK businesses have also been given direct meetings with ambassadors to help boost export opportunities.

MPs are also appointed as trade envoys representing the UK’s interests abroad, with the position being held by members across the House of Commons under a non-partisan system. 

But the move would draw the UK closer in line with other countries. 

The US president appointed top business chiefs to key posts in Europe. 

Warren Stephens, the investment banker who made a £2.5bn fortune at his family bank, serves as the US ambassador to the UK.

Griffith and Patel also pointed to the examples of France and Germany as being able to make better use of ambassadorial roles to support business interests. 

Read more

Burnham’s plea to City chiefs: let a young person shadow you at work

Andy Burnham, Mayor of Greater Manchester, smiling and wearing glasses outdoors.

“There are some magnificent exceptions but too often there is a disconnect between diplomacy and trade,” the pair said. 

“This must be rectified. Silos must be broken down.

“Our French, Dutch or German rival missions unapologetically use their overseas diplomatic networks to increase their market share – we need to be doing the same.

“Our British embassies should be the launch pad for British businesses to find new markets and promote their products. They must be the tip of the spear of an ambitious campaign to help our exporters succeed in every potential market – and under a Conservative government, they will.”

Business chiefs would be alternative to ‘crony appointments’

Patel and Griffith also pointed to “crony appointments” under Labour, which is likely to be a reference to last year’s appointment of Labour grandee Peter Mandelson as ambassador to the US. 

Mandelson was sacked after the government argued “materially different” information regarding his relationship with Jeffrey Epstein emerged in a Bloomberg article about messages exchanged some two decades ago. 

The shadow ministers also said the Labour was “ceding to Brussels powers” around tariff-setting and border control. 

The policy announcement is one of several due to come over the course of the Conservative Party conference in Manchester being held over the next four days.

Read more

Burnham accused of imposing ‘top–down’ devolution 

Andy Burnham speaking at 10 NORTH event, gesturing while discussing devolution plan.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

People & Organisations

  • Andrew Griffith
  • Conservative Party
  • foreign office
  • Priti Patel
  • Tories
  • UK Government

Trending Articles

  • WPP slashes jobs as revenue continues to fall

  • Liverpool owners tipped to sell – but not to Amazon boss Bezos – by former CEO

  • Revolut founder’s wealth set to balloon amid talks of share award at $500bn valuation

  • Starling plans to ‘come out swinging’ in diversification bid

  • As it happened: Stocks rise despite new tensions in Strait of Hormuz; Oil price climbs

More from Morning Wire

  • Burnham’s plea to City chiefs: let a young person shadow you at work

    Politics
    Andy Burnham, Mayor of Greater Manchester, smiling and wearing glasses outdoors.
  • Burnham accused of imposing ‘top–down’ devolution 

    Politics
    Andy Burnham speaking at 10 NORTH event, gesturing while discussing devolution plan.
  • Burnham risks ‘big mistake’ on AI with tech department shake-up

    Tech
    Andy Burnham discussing capital gains tax increase during a press conference, highlighting potential economic impacts
  • Nigel Farage asks the crudest question: are you with me or against me?

    Opinion
    Nigel Farage speaking at a podium during a press conference, addressing current political issues and public concerns
  • Rachel Reeves’ sister takes top legal role in Burnham’s Cabinet overhaul

    Politics
    Close-up of a business professionals hands typing on a laptop keyboard with financial charts on screen
  • On this day in 1940: Happy birthday Ken Clarke

    Opinion
    GettyImages 3261869 showcasing a significant moment in news, emphasizing key details relevant to the articles context.
  • The Debate: Should Britain set up a No 10 North?

    Opinion
    Andy Burnham supporters rallying with banners and signs at a political event, showcasing enthusiasm and solidarity
  • Where are Andy Burnham’s economic advisers?

    Politics
    Andy Burnham and John Healey at Number 10 North, both wearing suits and ties, with a microphone in the foreground.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook