A prominent UK entrepreneur, Ben Francis, founder of the athleisure brand Gymshark, is calling for the UK government to emulate the US approach of incorporating business leaders into policymaking, citing Elon Musk's influence as a model. Francis, valued at £725 million, believes bringing in competent business figures could benefit the UK.
Francis's statement comes amid growing scrutiny of the influence wielded by figures like Musk in US politics, particularly under former President Donald Trump. Musk's involvement in Trump's administration and subsequent policy decisions has sparked concerns about potential conflicts of interest.
Musk's recent engagement in British politics, including criticism of Prime Minister Keir Starmer and comments on government handling of certain issues, further illustrates the scope of his public pronouncements. This, coupled with his role in the US political sphere, highlights the extent of his reach.
Francis's aspiration mirrors a belief that engaging business leaders can streamline policies and boost the business climate. He expressed his desire to see the UK become a more business-friendly environment. However, the UK's current economic landscape and recent budget proposals pose challenges for the business community.
Although Francis recognizes potential benefits from adopting a US-style approach, he remains deeply committed to the UK, expressing a preference to remain within the country despite challenges, positioning his ambition for Gymshark's continued growth within the nation's environment.
The entrepreneur's career trajectory, from a garage startup to a multi-million-pound brand, reflects the potential of entrepreneurship in the UK. Gymshark's growth, initially centered on e-commerce, now includes physical stores, demonstrating an evolution in business strategy. Francis envisions Gymshark becoming a globally recognized British brand, similar to established icons.