Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
Thursday 02 July 2026 5:07 am  |  Updated:  Thursday 02 July 2026 9:34 am

The greatest comms challenge facing business leaders today

By: Craig Oliver

Add as a preferred source on Google
Person holding a megaphone, emphasizing a key announcement in a general news article on a business website.

To regain public trust, businesses must ditch the glossy, say-nothing comms and be honest with consumers about the messy reality, writes Craig Oliver

Nearly nine in 10 people want artificial intelligence regulated, yet in boardrooms and capitals the conviction runs close to the opposite with a sense that unleashing AI is the only way the West wins its race with China. That gap, on one of the defining questions of our time, is just the latest example of the chasm that has opened up between public opinion and an elite consensus.

On tax, on immigration, on AI, on the future itself, the thinking of many established business leaders is, increasingly, diametrically opposed to where the public are, and the gap is widening into a gulf. It is the greatest communications challenge of our age.

If business is to prosper, it has to find ways to communicate across that divide, rather than retreat into the kind of ultra-processed comms we see far too much of now: glossy, safe and inauthentic.

We’re used to a story of volatility and unpredictability, and that hasn’t gone away, but the fog is now lifting on a new order, and it isn’t one business is comfortable with. The old settlement is being wound down, with the web of post-war institutions built to support liberal democracy growing weaker by the month, and in its place are leaders who are more nationalistic and far less willing to cooperate or compromise.

Public pessimism is abnormally high

The evidence is everywhere. America acted over Venezuela and Iran with little reference to the UN, the G20 or the G7, while Article 5, the bedrock of NATO and the promise that an attack on one member is an attack on all, is now openly in question. The “middle powers”, in Mark Carney’s phrase, are left navigating between a United States and a China that are locked in direct competition and far ahead of everyone else. And beneath this ruthless reality runs constant technological disruption.

Across the 27 countries we polled at FGS Global, 73 per cent say life will be harder for the next generation, 76 per cent feel their country is divided, and 68 per cent believe their political system is failing and needs fundamental reform. Pessimism on that scale, replicated across democracies, is not normal.

We have grown used to the K-shaped economy, with its winners and losers pulling ever further apart, but our research points to something just as important: K-shaped opinion, in which, on almost every big question, established business leaders sit at one end and the public at the other.

The establishment instinct is broadly to let AI race forward, cut spending, cut taxes, back entrepreneurs and treat immigration as manageable, but on all of it the public is opposed.

The numbers are stark. On tax, 64 per cent want higher levies on wealth, and large majorities want more of the burden shifted onto business and the best-off. On AI, approaching 90 per cent want it heavily regulated, and 70 per cent believe it will destroy more jobs than it creates. On immigration, support for stronger borders runs at 70 to 80 per cent across Europe, and 62 per cent feel their national identity is slipping away. This is the gap that matters – between those who want to lead, and those who are no longer sure that they want to be led.

Read more

SpaceX: To boldly go where no investor comms strategy has gone before

Elon Musk discussing SpaceX investment as Scottish Mortgages largest holding on a business news platform

Businesses must ditch the gloss

The task that follows is daunting. Politicians listen more to the public who elect them than to the businesses who lobby them. The case for the conditions business needs to thrive has to be made bravely and patiently, in terms people recognise, and without pretending the trade-offs aren’t real.

The trust gap makes it harder still. Business is trusted by around two in five people, and big tech by fewer, while doctors are trusted by 85 per cent.

A few years ago many organisations invested heavily in Purpose with a capital P, certain they could not prosper without publicly championing a certain set of values, but the culture wars punished them for it, and the instinct since has been to keep their heads down. That instinct is understandable, though I think it is also a mistake.

What we found, across all 27 countries, is that most people still want business to have purpose – but what they reject is purpose that feels performative. They want something more grounded – evidence that powerful institutions understand the value of community, jobs and investment in the places where they operate; purpose tied directly to what a business does and where it does it, and steered away from polarising cultural fights. It’s clear purpose doesn’t need abandoning: it needs redefining and rearticulating in a language people understand.

This goes to the heart of how business communicates, because too much of it has become ultra-processed: glossy content that radiates competence while saying nothing solid. It is the corporate equivalent of food engineered to look nourishing and deliver nothing, and in a world where 74 per cent believe institutions serve elites rather than ordinary people, communication that feels managed and hollow undermines trust rather than builds it.

The answer is not more polish, but less. People yearn for more honesty, and a willingness to engage on the threats people face and the practical good an organisation does to mitigate them. Trust is not built by sounding impressive; it is built by being believable, honest and relevant.

None of this is easy, and all of it takes bravery. It is far more comfortable to stay quiet, smooth everything into the glossy and inoffensive, and wait for the weather to change, but the divide will not close on its own, and the businesses that prosper will be the ones brave enough to step into it and make their case honestly while reflecting on why they’ve lost the trust of the public.

That is the greatest communications challenge of our age.

Craig Oliver is global co-head of strategy and reputation at FGS Global, and former director of politics and communications at 10 Downing Street

Read more

10 years on from Brexit, traders shouldn’t forget the power of comms

Brexit Leave party gathering with attendees holding Union Jack flags, highlighting the political atmosphere post-Brexit.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Opinion
  • News

Categories

  • Opinion
  • Business

People & Organisations

  • Business
  • comms
  • communications
  • FGS Global
  • PR and comms
  • press relations
  • trust

Trending Articles

  • Burnham tax plans spark investor rush to bank capital gains

  • Brewdog chief executive quits after only one year

  • Housebuilding giants hit with £4.5bn lawsuit for allegedly overcharging buyers

  • UK ‘no longer a serious place’ says Hedge fund boss after losing £200m tax battle

  • Canary Wharf’s reinvention is a triumph

More from City PM

  • SpaceX: To boldly go where no investor comms strategy has gone before

    Opinion
    Elon Musk discussing SpaceX investment as Scottish Mortgages largest holding on a business news platform
  • 10 years on from Brexit, traders shouldn’t forget the power of comms

    Opinion
    Brexit Leave party gathering with attendees holding Union Jack flags, highlighting the political atmosphere post-Brexit.
  • Lessons in comms from my children’s primary school

    Opinion
  • Good call: How Wimbledon’s comms help it to avoid break points

    Sport Business
  • Tech Week proves London can build the future

    Opinion
    Attendees networking at London Tech Week 2026 showcasing innovation and technology advancements
  • London Tech Week day four: Tech still cares about diversity

    Opinion
    Attendees networking at London Tech Week 2026 showcasing innovation and technology advancements
  • Public markets, not the state, can fix the water sector

    Opinion
    Ofwat penalties start to mount for the sector
  • Allianz tech blitz dethrones AXA to claim Europe’s insurance AI crown

    Insurance
    Allianz is set to cut 650 jobs in the UK.

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy