Queens's Speech reaction

Matthew Fell, CBI Chief UK Policy Director, said:

“Business shares the Government’s ambition to turbocharge the UK’s recovery post-pandemic and reset the economy. The Queen’s Speech provides the building blocks for a decade of transformation and inclusive economic growth.

“It’s right that the golden thread in this legislative agenda is levelling-up the country. We haven’t got a moment to lose.

“The strong focus on skills will support high quality, local jobs. The emphasis on rail, bus and digital will better connect local economies. And a fresh approach to innovation will unlock big, bold ideas and new sources of growth around the country.

“But business will feel there were some missed opportunities. Firms were looking for greater impetus on enabling legislation to speed up the race to zero, and action on business rates to stimulate investment and revive our high streets.

“The UK’s international competitiveness relies on playing to the economic strengths of our regions and nations. It’s time to turn these measures into swift and bold action.”