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.
Big business backs big government June 10, 2024 Miles Roberts, chief executive at FTSE 100 firm DS Smith, said that this was particularly important given the progress made by other jurisdictions on a green economic plan.
‘Brand Britain’ needs a refresh under the next government, says top business body June 4, 2024 A new government must prune the UK’s sprawling business tax system and refresh “Brand Britain” if the country is to boost investment and restore its status as a global hub for commerce, the country’s top business body has said.