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      Labour's Pat McFadden could oversee small welfare reforms that could make reasonable savings for public finances.

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CBI

  • Businesses left ‘in limbo’ during Budget speculation as bosses feel bruised

    Economics

    The UK’s private sector was left in a state of “limbo” amid months of Budget speculation leading to delayed investment plans, a leading survey has found, underscoring claims that the government misled the public and businesses over tax rises and fiscal constraints.  The Confederation of British Industry (CBI)’s monthly private sector survey has revealed how [...]

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  • How to make a ‘smorgasbord’ Budget more appetising for business

    Opinion

    If the Chancellor is incapable of making the bold tax reforms businesses need at the upcoming Budget, there are some smaller measures that would be beneficial, says Louise Hellem At the CBI we are urging the Chancellor to make bold moves on Wednesday and not to subject the economy to death by a thousand taxes. [...]

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  • Bosses warn Reeves against ‘stop-start economy’

    Politics

    The boss of one of the UK’s largest industry groups has called on Chancellor Rachel Reeves to avoid taking measures that lock in the country’s “stop-start economy” in a pre-Budget speech ratcheting up pressure on the government to unleash growth.  In a landmark speech on Monday, Rain Newton-Smith, the chief executive of the Confederation of [...]

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  • Manufacturing output plummets at fastest pace since pandemic

    November 20, 2025

    Manufacturing output in the three months to November dropped at the fastest pace since the pandemic, a new survey has found.  Researchers at the Confederation of British Industry (CBI) said that the balance reading for output volumes across industry was at the lowest level since the quarterly period to August 2020.  The weighted balance reading [...]

  • Exclusive: Industry chiefs warn Reeves not to hit business after income tax U-turn

    November 14, 2025

    The Chancellor must not rely on businesses to plug the gaping fiscal gap left by Thursday’s income tax U-turn, a group of industry body chiefs has warned a year after UK firms were forced to stomach much of the £40bn of tax hikes at Labour’s maiden Budget. In an unusual combined intervention, bosses from five [...]

  • Business chiefs tell Reeves to make ‘unpopular’ tax decision

    November 6, 2025

    Business chiefs have urged Rachel Reeves to take a bolder approach at the Budget and consider “unpopular” decisions to break Labour Party manifesto commitments.  Members across the Confederation of British Industry (CBI), one of the UK’s largest industry groups, have urged the Chancellor to focus on boosting investment and productivity for the long-haul.  Business leaders [...]

  • Firms brace for ‘difficult winter’ as tax burden weighs on activity

    October 29, 2025

    Companies across the private sector are braced for a “difficult” winter as activity is forecast to downturn across UK services due to mounting tax fears, fresh research has indicated.  A leading survey by the Confederation of British Industry (CBI), considered to be one of the UK’s most influential business groups, has suggested that private sector [...]

  • Mining boss: Journey from Aim to main market ‘too difficult’

    October 28, 2025

    The mining boss behind the London main market’s newest member has said his firm would not have transferred from Aim had he known how complicated the process would be, despite the junior market partly existing to act as a stepping stone to London’s principal exchange. Cobus Loots, the chief executive of South African-based gold miner [...]

  • Retail sales falter as Budget tensions kick in 

    October 27, 2025

    Retail sales are set to decline at a faster pace in the weeks leading up to the November Budget, a new survey has indicated, as Brits hold out for extra taxes and higher prices.  A Confederation of British Industry (CBI) survey has suggested that retail sales could collapse in November, reflecting household fears about being [...]

  • Manufacturing order books suffer sharp drop 

    October 23, 2025

    Manufacturing activity in October suffered a sharp drop amid high interest rates and uncertainty around the upcoming Budget, a new survey has found.  The Confederation of British Industry (CBI)’s latest industrial trends survey has shown that the total orders balance fell to minus 38.  The CBI said September’s figure showed a score of minus 28.  [...]

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