It's official. The United Kingdom now has a new government after 14 years of Conservative rule. The BBC announced Labor's victory on May 5 at 4:59 a.m.THEIn July, we witnessed a shift in political opinion from the right to the left.
What will Labor and Keir as Prime Minister mean for the UK food and drink sector and international trade?
What impact will the Labor government have on the food industry?
Labor's campaign focused on "reviving the economy". It’s a promise that all industries will welcome, after years of economic and political instability. The new government, now that it has been elected, must keep this promise. How does the government plan to stimulate economic growth?
Food and drink legislation When it comes to the food and drink industry, the new government has made some specific promises. The first of these is the Foods high in sugar, fat and salt (HFSS), a crackdown.
Prime Minister Starmer has spoken out against imposing a tax on HFSS food, but has promised to ban the advertising of "harmful junk food" and sugary snacks to children.
He said in a speech on the National Health Service before the election that "we will change the rules on advertising" and ensure that products harmful to children's well-being, such as junk food or snacks sweet, are not offered to them.
A new commitment has been made by the government to ban the sale of energy drinks to under-16s.
The children's health action plan published in June specifies that "addictive energy drinks containing more than 150 mg of caffeine per liter" will no longer be sold in stores and online for under-16s. Indeed, health and education experts have made it clear that the caffeine labeling system does not prevent children from purchasing these drinks.
British Farmers:Throughout its election campaign, the new Labor government has been keen to underline its commitment to British agriculture. In his February speech to the National Farmers' Union (NFU), the new Prime Minister spoke of the importance placed on food security. In his speech, he also highlighted the importance of food security as part of the UK's national security. In this speech, the Labor Party announced that a target of 50 % of food produced and consumed in Britain would be set by the government.
He also promised to combat the labor shortage in the agricultural sector. “The seasonal nature of agricultural work is unique, and the seasonal worker solution is a distinct solution to address a particular challenge,” he said. However, he made it very clear that a return to free movement of people across Europe is not an option at the moment.
Prime Minister Starmer announced that he also plans to promote sustainable land use by introducing land use guidelines and ensuring that environmental land management benefits both farmers and nature.
Tom Bradshaw said this in response to Labour's manifesto: "It is clear that we have been heard on our open and constructive lobbying efforts in many areas. »
Business Taxation : Labor is committed to keeping corporation tax at its current level of 25 %, which is the lowest in the G7. The UK government is also promising to change tax rates if countries put the brakes on UK businesses.
Boosting British industry:The investment is a key part of the new plan to grow British industry. A soon-to-be-established Industrial Strategy Council will oversee the new industrial strategy. All this is part of the “business-friendly climate” that the government intends to establish, with an emphasis on innovation, investment and quality jobs.
Reduce business costs.The government is committed to implementing its infrastructure strategy over a period of ten years. The strategy will prioritize the construction of roads, railways, reservoirs and other national infrastructure to improve supply chains.
The government has pledged that Britain will become a “clean energy superpower” to be more environmentally friendly and more independent when it comes to energy consumption. This would make energy more affordable for businesses and citizens.
Small businesses need your support: Small businesses and entrepreneurs face unique challenges. Labor is committed to supporting small businesses. What is the most important part of this program? Remove barriers to exporting for small businesses. Proposed reforms to the British Business Bank include a stronger mandate to encourage growth across regions and countries. This will also make it easier for small businesses to obtain capital.
Innovation: The Labor Party campaigned for British innovations and ideas. He hopes this will lead to growth and increased productivity. The government is also committed to making Britain “the most attractive place in the world to grow and start a business”.
What impact will the Labor government have on international trade?
The new government, while declaring that the UK will not return to the EU's single market, customs union or free movement, has pledged to work to improve trade relations and UK investment with the EU. The government claims this will be possible by removing unnecessary trade barriers. According to the Labor Party manifesto, the plan is to reach a veterinary deal to avoid unnecessary border checks and help reduce food prices.
The government has also committed to reviewing the effects of trade deals with Australia and New Zealand.
The new Labor government has made big promises to British voters. Now is the time to keep those promises. We will keep an eye on you, Prime Minister Starmer.
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