Mark Carney and Sir Richard Branson talk business

Issued on behalf of HMG, Scottish Government, Scottish Enterprise, UK Trade & Investment and in partnership with the Commonwealth Business Council.

The Governor of the Bank of England and one of the world’s most influential entrepreneurs and business magnates are to speak at a high profile business conference in Glasgow, ahead of the Commonwealth Games.

Mark Carney and Sir Richard Branson will address an audience of more than 200 business CEOs and heads of Government at the Commonwealth Games Business Conference in July.

Trade within the Commonwealth is estimated at £300bn a year and the conference will look how this can be further developed in a way which ensures sustainable growth and gives a business return.

Sessions will focus on issues and opportunities common to all countries, such as employment and skills, infrastructure development, improving financial services for business and the development of the smart cities of the future.

Mark Carney said: “The conference provides an excellent opportunity for business leaders and policymakers from across the Commonwealth to convene and discuss the core challenges facing the global economy. A strong and open dialogue between the official sector and industry serves to enhance our collective ability to meet those challenges.”

Sir Richard Branson said: “Before the Commonwealth’s finest athletes showcase the virtues of healthy competition, the conference is a perfect opportunity for companies to meet, network and do business. It will be a chance to tackle major economic challenges, celebrate entrepreneurialism, diversity and achievement, and discuss how the modern Commonwealth can make a positive impact upon the world.”

Scottish Government Cabinet Secretary for Finance, Employment and Sustainable Growth John Swinney said: “I am delighted that both Mark Carney and Sir Richard Branson will be leading the debate bringing their unique vision and expertise to the conference. The Games is the biggest sporting and cultural event Scotland has ever hosted and I am determined that we harness that international interest in economic terms.

“The Commonwealth is a huge market for Scotland, with exports outwith the UK totaling £1.8 billion, and this conference will be vital in strengthening our economic links and showcasing the key sectors and industries where Scotland excels.

“I look forward to welcoming business leaders from across the Commonwealth, generating long-term benefits for Scotland and building a lasting business legacy from the Games.”

UK Minister for Trade & Investment Lord Livingston said: “The Commonwealth is a ready made business network and includes some of the world’s fastest growing economies. The conference will provide an exceptional platform to promote greater trade across the Commonwealth and the UK as a leading trade and investment destination.

“To have business and political leaders including Sir Richard Branson and Mark Carney leading this conversation just before the opening of the Commonwealth Games is a great way to strengthen the business focus around Glasgow 2014 and help build a lasting economic legacy.”