22 November 2018

News

The CBI continues to make the case for the private sector delivering infrastructure

This year, the CBI has conducted work on the role of the private sector in delivering infrastructure and public services, in light of the opposition’s re-nationalisation agenda.

The CBI continues to make the case for the private sector delivering infrastructure

The proposals to bring the utilities, railways and postal services into government ownership cuts to the heart of the debate on the private sector and its contribution to the economy. For the CBI members affected, these proposals represent an existential threat to their business. For investors, these proposals give a clear signal the UK is becoming more hostile to business.

Following consultation and several meetings with members, the CBI began campaigning on the issue. Through engagement with members, academics and think tanks, the CBI produced a comprehensive evidence pack, assessing the private sector’s contribution to infrastructure. This pack has been circulated widely to help inform both the CBI and members’ lobbying of politicians across the political spectrum.

The evidence obtained throughout the year has steered the CBI’s continued private political engagement and public interventions on re-nationalisation, be they via robust responses to Labour Party announcements, or the CBI President, John Allan’s opinion editorial published in the Sunday Telegraph in November. This piece set out the CBI’s position on re-nationalisation and was followed by the CBI’s Director General, Carolyn Fairbairn, addressing the issue in her annual conference speech.

These public interventions are the springboard for a series of activities as we head into the new year and beyond.

In the short term, the CBI are planning a panel event with the Social Market Foundation, joined by the former Shadow Chancellor, Chris Leslie MP, to discuss how the private sector ought to position itself in the future. This event will be hosted by the University College London and will take place on December 18th. For further information and to RSVP, please contact Daniel Woolf.

This will be complemented by the CBI’s continued political engagement with senior figures in the Labour Party, and MPs across the political divide.