What is the B7?
The B7 is an annual summit hosted on rotation by business federations from each of the Group of 7 (G7) countries. This year, in alignment with the UK taking presidency of the G7, the CBI will be chairing the B7 Summit, bringing together business communities across the seven markets. The aim of the B7 is to:
- Build consensus between the business communities on key global issues.
- Put forward policy recommendations that will help shape the G7 agenda and future economic recovery.
- Deliver key business objectives in net zero, trade liberalisation and new technology.
As a newly independent trading nation, and as the host of the G7, the UK is now in a unique position to drive global ambition to match its own on trade, digital and climate, setting bold targets ahead of COP26.
The B7 Summit itself will be taking place over two days on 11 and 12 May. This will be an opportunity to present policy papers to senior ministers responsible for the G7 policy areas and conduct an open discussion on the key issues.
What will be proposed by the B7?
The B7 policy papers are co-authored through working groups made up of the B7 business federations and a CBI nomin