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The CBI and over 40 trade associations call for the government to deliver on its promise.
The CBI has warned against further rises in business taxation.
Diversity and inclusion experts EW Group take us through what makes Black History Month so important and how celebrating it in the workplace can really make a difference.
Co-founder, EW Group
Matthew Fell, CBI Chief Policy Director, said that Government must now support this valuable work with a clear delivery plan for consumers, businesses and local authorities.
“There’s no doubt that the scale of the challenge is considerable. These welcome measures – including the 2035 phase out of new gas boilers – will help consumers and business better prepare to change the way they heat their homes and buildings."
Rain Newton-Smith, CBI Chief Economist, said that business looks forward to working with the Government to design this new framework.
“Expanded standards for environmental reporting are key for supporting the transition to a greener financial system. Greater clarity on environmental impacts will help investors channel finance into projects that are aligned with net zero targets and will reduce carbon emissions across our economy."
Rain Newton-Smith, CBI Chief Economist, said:
“With up to half of business investment potentially subject to business rates, it has literally become a tax on investment. Action to stimulate investment, starting with business rates reform, unites firms spanning the whole economy. If the government is serious about achieving its net zero ambitions, kicking reforms further into the long grass cannot be the answer.”
Sean McGuire, CBI Europe Director, said:
“The UK and EU have listened to business on many of the technical solutions needed to protect GB-NI trade. Both sides must now grasp this opportunity to get back round the table – and agree sustainable long-term solutions that work for businesses and communities in Northern Ireland”.
Matthew Percival, CBI Programme Director for Skills & Inclusion, highlighted that companies have found hiring difficult this autumn.
“It's welcome that Government has set up a new taskforce chaired by Sir David Lewis to advise on the impact of supply chain disruption and labour shortages on the recovery. Business and Government working together is the best way to create the high-wage, high-skill, high-investment, high-productivity economy we all want to see.”