CEOs Of 27 Companies Write Open Letter Urging British PM To Keep Foreign Aid Commitment
“Chief executives of 27 [of the] biggest companies in the U.K., including BP and Vodafone, [on Monday] joined the boss of English football’s Premier League in appealing to Prime Minister David Cameron to keep his commitment to devote 0.7 percent of national income on international aid,” the Press Trust of India/Business Standard reports (3/11). The CEOs of GlaxoSmithKline, Morrisons, Dixons, and IKEA also signed the open letter, which was published in the Financial Times, the Press Association/Huffington Post U.K. notes (3/11). “Cameron is under pressure from some members of his own Conservative party to reduce the coalition government’s international aid commitment, but business leaders insisted that sticking to the funding target would not only be a ‘smart investment’ but also the ‘right thing to do,’” the Press Trust of India/Business Standard writes. “The request comes as International Development Secretary Justine Greening prepares to outline plans to boost British business involvement in developing countries,” the news service notes (3/11).