24 May 2018

Update

Westminster update

CBI continues to meet with political stakeholders from all departments 

Westminster update

Last week, CBI Director-General, Carolyn Fairbairn, met with Elizabeth Truss, Chief Secretary to the Treasury to discuss the CBI’s view on the economic landscape and initial priorities ahead of the Budget later this year and the 2019 Spending Review. During the meeting, Carolyn and Ms Truss also discussed the UK’s international competitiveness, digital economy taxation and the National Retraining Partnership.

Also last week, Carolyn and Josh Hardie, CBI Deputy Director-General, met with the European Reform Group – a backbench grouping of Conservative MPs in Parliament. Addressing the MPs in attendance, Carolyn outlined the CBI’s priorities for the EU negotiations and the future economic partnership between the UK and EU after Brexit. During her remarks, Carolyn also highlighted the findings of the CBI’s recent Smooth Operations report which outlines the regulatory needs of 23 industry and service sectors.

Elsewhere, the CBI’s new Chief UK Policy Director, Matthew Fell, gave oral evidence to the Home Affairs Select Committee inquiry on post-Brexit immigration policy. In his testimony, Matthew outlined several policy options that could be negotiated with the EU that allow for greater control over immigration to restore public confidence, whilst remaining open to the European labour and skills that businesses require to grow, and maintaining close access to the Single Market.  

Finally, this week, the CBI’s North East team brought together local Members of Parliament and businesses in Parliament to discuss key priorities for the North East region. During the event which was well attended, guests heard from John Foster, CBI Director of Campaigns, Bridget Phillipson MP, Simon Clarke MP and Sarah Glendinning, CBI Regional Director. As well as the impacts of Brexit being discussed, education, diversity, innovation and regional infrastructure featured prominently.

For more information please contact Hannah.collins@cbi.org.uk