CBI response to Chancellor's speech at Conservative Party Conference

Tony Danker, CBI Director-General, said:

“Business shares the Chancellor’s ambitious vision for a high-growth economy driven by science, technology and innovation.

“The government can rely on the skills, ingenuity and delivery capability of business to realise this vision.

“The Chancellor’s emphasis on equipping young people for the world of work, from the Kickstart scheme to new AI scholarships, as well as helping people retrain for the jobs of the future, is the right approach.

“The only way to achieve the high-wage, high-skill economy we all want is to unlock productivity through higher investment and growth. All must rise together to avoid a further squeeze on living standards and to realise a better decade than the last.”