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Rain Newton Smith

  • CBI chief calls on Miliband to approve Jackdaw and Rosebank oil fields

    Energy

    The boss of Britain’s largest industry body has called on the government to green-light extraction from two major North Sea oil fields and slash the windfall tax on domestic oil production in a bid to revitalise the country’s ailing oil and gas industry. CBI chief Rain Newton Smith said the North Sea was a “critical [...]

    CBI Chief Rain Newton-Smith advocating for North Sea oil and gas licences at a press conference podium
  • Taxing business is not the way to win the investment race

    Opinion

    Attracting investment is all about sending the right signals, and that starts with tax policy, says Chris Hayward Party conference season brings warm white wine, beige food and late nights. These festivals of politics tend to be high in rhetoric and low in substance. Businesses across the Square Mile seek more of the latter and [...]

    The UK economy has seen low growth under Chancellor Rachel Reeves.

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