CBI has called on the chancellor George Osborne to use his March 21 Budget to score the growth and investment policy goals he put forward in his Autumn Statement and give the UK economy and jobs a “real boost”.
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CBI calls on Osborne to focus on growth goals
Posted in Business Also tagged Economy, George Osborne, Ian McCafferty, John Cridland Leave a comment
UK manufacturers report order improvement
UK manufacturers have reported an encouraging improvement in total and export order books in February, following a much weaker period over late 2011, the CBI said. As a result, firms expect solid output growth over the coming three months, according to the CBI’s most recent monthly Industrial Trends Survey.
Cameron’s crackdown on ‘fat cat’ pay criticised
Shareholders will be voting after money has been paid out, says CBI Prime minister David Cameron has faced a backlash from business leaders after he promised to give shareholders new powers to veto extravagant payouts to failed executives.
UK should get more choice in two-tier Europe
The euro zone crisis is creating a two-track European Union, and Britain’s position in the outer tier should give it the freedom to opt out of onerous rules and protect its national interests, the CBI said. The comments from CBI director general John Cridland added fuel to the debate over Britain’s position in Europe as [...]
‘Forgotten army’ holds key to future UK growth, says CBI
Medium-sized businesses are the UK’s “forgotten army”, too long overlooked by government but with the potential to inject between £20bn and £50bn into the economy by 2020, according to the CBI. Firms with a turnover of between £10m and £100m represent less than 1% of businesses but generate 22% of economic revenue and 16% of [...]
Miliband denies being anti-business
Ed Miliband has denied that his Labour conference speech – in which he attacked “predatory” firms and a “fast-buck” culture – was “anti-business”. He told the BBC his aim was to improve behaviour in the commercial sector in an effort to improve the UK’s economy. Large bonuses for bosses who achieve little should be phased [...]
Regulatory approach to training opposed by CBI
More large firms should share their resources & expertise with smaller and medium ones The CBI last week warned against government plans for wholesale extension of training levies or license to practice schemes which it said would hinder employer investment in staff training and do nothing to increase productive skills levels. Levy systems operate [...]
Factories revisit plans as optimism falls
Small and medium-sized UK manufacturers expect no growth in demand and output over the coming quarter, and are reappraising their business plans as a result. This was the message from the CBI last week, based on the results of the 411 respondents to the CBI’s latest quarterly SME trends survey, with 18% of manufacturers reporting [...]
CBI concerned over bank ring-fence proposals
The CBI has called on the Independent Commission on Banking (ICB) to undertake a rigorous cost-benefit analysis of its proposals on bank ring-fencing, as it remains unconvinced the policies will support recovery. With last Monday the final day for submissions to the ICB, the CBI asked the ICB to look at the business and economic [...]
CBI welcomes ‘See Inside Manufacturing’ initiative
The CBI has welcomed the launch of the government’s ‘See Inside Manufacturing’ initiative which enables pupils, teachers and careers advisers to see firsthand some of the UK’s world-class automotive facilities and research centres to provide a better understanding of career opportunities in these areas.
