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As the UK government lays plans to recover and restart from the global coronavirus pandemic, building back a strong and resilient economy will be paramount.
Understand the key findings from the latest ONS labour market overview, covering employment-related statistics.
A perspective from Accenture Technology UKI.
Zahra Bahrololoumi
Senior Managing Director, Accenture Technology UKI
As the voice of UK business, we campaign for the changes that deliver prosperity for all. As a policy maker, by working with business you can help drive that change. Find out more about the issues that matter.
Ahead of the government’s first review of its 14-day quarantine for international arrivals to the UK, the CBI urged the Government to ensure that the needs of business are considered. Matthew Fell, CBI Chief Policy Director, said:
“The travel sector has been disproportionately affected by the crisis. But right across the economy – from engineers to deal-makers – firms are chomping at the bit to restart service contracts and begin to win business for the UK in overseas markets again.”
Dame Carolyn Fairbairn, CBI Director-General and Ian Price, the CBI’s Wales Director, wrote to First Minister Mark Drakeford. They urged him to put jobs and training, especially for young people, at the heart of economic recovery plans. Ian Price said:
“While we live with the virus, any recovery plan must continue to prioritise health as well as the impact on the economy. Urgent interventions are required to create jobs, especially for young people, and investment."
Angela McGowan, CBI Northern Ireland Director, noted easing social distancing rules will make a substantial difference to the viability of thousands of firms here in Northern Ireland. She added:
“In the coming weeks business will be looking for the Northern Ireland Executive to accelerate efforts to protect jobs, livelihoods and future prosperity.”
Through a series of fiscal proposals, the CBI is urging the Government to accelerate efforts to protect jobs and livelihoods. Highlighting the importance of the proposed measures, Dame Carolyn Fairbairn, CBI Director-General, said:
“The Government has already shown its ability to be bold and decisive. By getting ahead of this tidal wave of economic damage with at scale, at speed, targeted support, it can help businesses survive, protecting the jobs and life chances of a generation.”
Responding to the report, Rain Newton-Smith, CBI Chief Economist, noted the CBI agrees progress to decarbonise power needs to be coupled with government-led strategies on energy efficiency, decarbonising transport and sustainable manufacturing and industrial processes. She added:
"The CBI continues to champion the UK’s 2050 net-zero target and the need to accelerate progress towards ending our contribution to climate change."
