Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Global Economics

Gates to Advise British Government


Microsoft chairman Bill Gates is to advise the UK government on how to respond to the challenges of globalisation so it can compete with the fast-growing economies of China and India.

Gates has been appointed to a panel of 12 of the world's leading business people on a new International Business Advisory Council (Ibac) that will advise the Chancellor of the Exchequer, Gordon Brown, and the Secretary of State for Trade and Industry over the next three years.

Other high-tech names on the Ibac include Meg Whitman, president and CEO of eBay; Ratan Tata, chairman of India's Tata Group; and Sir Ka-shing Li, chairman of the board at Hutchison Whampoa, which owns mobile operator 3.

They will sit alongside more traditional industrial leaders on the panel such as Sir Terry Leahy, CEO of Tesco; Lee Scott, president and CEO of Wal-Mart; and Lord Browne, group CEO of BP.

The Ibac will meet once per year. The first meeting will be held later this year at 11 Downing Street.

Brown said in a statement: "There is no more important question for advanced industrial countries today than how to rise to the challenges and opportunities of globalisation.

"The Council will advise on how we can do more to rise to the challenges we face and ensure that the UK remains one of the world's key locations of choice for high value-added activity, working together to pursue a less protectionist world."

The Ibac's remit is to discuss policies to improve UK competitiveness, including specific issues relating to the globalisation challenge.

Links:

Leader: Web brands take the battle to the high street

Radioactive: Mobile VoIP - not so disruptive

Leader: Why tech must go green

Leader: Why Blair must foster tech savvy


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus