UK will become less attractive for firms if workers’ rights reforms are passed, CBI survey finds September 15, 2024 The UK is likely to become a less attractive place to do business in the coming years if Labour’s workers’ rights reforms are implemented in their current form, a new survey has suggested. Some 62 per cent of respondents to a survey by the Confederation of British Industry (CBI) survey and recruiters Pertemps said they [...]
Government must ‘offer hope’ to attract investment, CBI chief to argue September 12, 2024 The government must “have and offer hope” in order to attract global investors to bet on and back Britain, the chief executive of the Confederation for British Industry (CBI) will argue. In a rejection of No10 and the Treasury’s gloomy economic language, Rain Newton-Smith will use the CBI’s annual dinner in Glasgow to call for [...]
Government must fix ‘antiquated’ business rates, firms and CBI urge September 6, 2024 The government must fix the “antiquated” business rates system which is dampening productivity and growth, firms and the Confederation of British Industry (CBI) has urged. A cross-sector panel including retail and manufacturing firms met to develop proposals to improve the current system in a bid to boost investment and supercharge the economy. CBI chief executive [...]
CBI: Roadmap needed as firms struggle amid rising wealth tax rumours August 29, 2024 Publishing a long-term tax roadmap would address the “confidence shortfall” among UK firms, the Confederation for British Industry (CBI) has urged the government, amid swirling rumours of a wealth tax. Businesses are facing “cost pressures” and “middling conditions” and in need of a “major boost to confidence”, the CBI has said, following hints from Sir [...]
City sounds alarm over Starmer’s ‘painful’ Budget warning August 28, 2024 City figures have sounded the alarm over the Prime Minister’s warning of a “painful” Budget this autumn, urging him not to “punish risk takers” and warning against “taxing wealth creators”. Sir Keir Starmer delivered his first major address from the No10 Rose Garden on Tuesday as he cautioned that the state of the public finances [...]
Big firms return to CBI after sexual misconduct scandal and overhaul August 26, 2024 A number of major British companies have renewed their engagement with the CBI as the lobby group looks to rebuild its membership.
Workers rights: Ministers meet unions but warned on ‘unintended consequences’ of reform August 15, 2024 Unions and employers have met with the government to discuss new plans for workers rights but it comes as ministers are warned against “unintended consequences” of reforms. Deputy Prime Minister Angela Rayner and business secretary Jonathan Reynolds met unions and businesses on Wednesday to kick-start Labour’s work on employment rights. Rayner hailed the meeting as [...]
Health tax incentives could boost economy by £2.65bn, CBI suggests August 13, 2024 Worker health tax incentives could offer a £2.65bn boost to the economy, a business lobby organisation has suggested.
Chancellor’s move to cut infrastructure projects threatens growth, economists warn July 30, 2024 Rachel Reeves' decision to make immediate cuts to capital spending has shaken a number of top economists, who have said they are deeply concerned about the potential knock-on impacts on the UK's economic growth.
UK ‘can’t afford not to’ go green in bid for growth, CBI chief to say July 1, 2024 The UK’s growth could be put at risk if politicians try to “separate the economy from net zero”, a top business lobby group boss is set to warn.