On the Stormont deal agreement
CBI Northern Ireland Director Angela McGowan has welcomed the agreement of the Stormont deal and made the call to reaffirm Northern Ireland’s reputation as a great place to do business. She added:
“CBI Northern Ireland will continue to work with policymakers and bring evidence to the table, so that together we can deliver ambitious solutions to the economic and environmental challenges that we face.”
10 Jan 2020
On plans to raise the National Living Wage
Business shares the Government’s ambition for a higher wage, said CBI Chief UK Policy Director Matthew Fell. He added:
“It’s vital that the Low Pay Commission has the full range of tools at its disposal to judge the evidence base, pace and affordability for any future rises to ensure the UK’s successful job creation story continues into the coming decade.”
31 Dec 2019
On the new Governor of the Bank of England
CBI Chief Economist Rain Newton-Smith has warmly congratulated Andrew Bailey on his appointment as the new Governor of the Bank of England:
“His strong experience, both in Threadneedle Street and at the Financial Conduct Authority, means he is particularly well placed to steer the British economy through the new course it will take after Brexit, and through challenging global economic times."
20 Dec 2019
On the Queen's Speech
CBI Deputy Director-General Josh Hardie had responded to the Queen's Speech:
“The Prime Minister can have confidence that business is up for the challenges ahead. To make this Queen’s Speech a real Christmas present for the country, it’s time to bring together all the investment, skills and creativity of the public and private sector and get to work.”
19 Dec 2019
On the Brydon Review
CBI Chief UK Policy Director Matthew Fell has welcomed the findings of the Brydon Review of the audit industry, which should help it continue to evolve to meet the growing expectations of the market. He added:
“The Brydon review was always going to be the guiding light to inform all other changes around the audit market. Its publication means that 2020 can be a year of positive action following a series of consultations.”
18 Dec 2019
On plans for the Brexit Bill
Business has had enough of uncertainty and shares the Prime Minister’s ambition for a fast EU trade deal, CBI Director-General Carolyn Fairbairn has said. She added:
"Firms stand ready to bring the evidence needed from factories and boardrooms across the UK to enable a good trade deal to be agreed as quickly as possible."
17 Dec 2019
To the latest PISA results
The UK has made gains in reading, maths and science, according to the international school rankings from the OECD. John Cope, CBI Head of Education & Skills policy, said:
“This year’s results confirm the UK is outperforming the PISA average, but there are some clear areas where improvement must happen. Young people’s ability and potential is evenly spread across the country, yet opportunity for them to succeed is not."
03 Dec 2019
On the SNP manifesto
CBI Scotland Director Tracy Black has responded to the launch of the SNP manifesto:
“Amidst the political and constitutional debate, we can’t lose sight of what Scotland’s economy really needs – devolved and central governments working together, using every lever at their disposal to stimulate growth and generate prosperity.”
27 Nov 2019
On the Conservative manifesto
CBI Deputy Director-General Josh Hardie has responded to the launch of the Conservative manifesto
“Businesses will be heartened by a pro-enterprise vision. But sustainable economic growth will be risked if there is a needless rush for a bare bones Brexit deal that would slow down our domestic progress for a generation.”
24 Nov 2019
On the Liberal Democrat manifesto
CBI Director-General Carolyn Fairbairn has responded to the launch of the Liberal Democrat manifesto:
“Many aspects of the Lib Dems’ manifesto will help enterprise flourish. But there is a mixed picture when it comes to infrastructure. Kicking the can down the road with a moratorium on airport expansions is not a viable option for a leading economy.”
21 Nov 2019
On the Labour manifesto
CBI Director-General Carolyn Fairbairn has responded to the launch of the Labour manifesto:
“Labour’s default instinct for state control will drag our economy down, rather than lift people up. Business shares Labour’s goals for a close trade relationship with Europe and a fairer, greener and more inclusive economy at home.”
21 Nov 2019
The government's productivity review
CBI Director of Digital and Innovation Felicity Burch welcomed the publication of the government's productivity review, which contained several CBI recommendations:
“The next government will need to have a concrete plan to tackle the UK’s productivity puzzle. This review provides some clear cut answers from increasing funding for Knowledge Transfer Partnerships to creating benchmarking tools to help firms understand the productivity challenge."
06 Nov 2019
Adrian Smith review on R&D
The government-commissioned Changes and Choices report sets out independent advice on the design of UK funding schemes for international collaboration and innovation. Felicity Birch, CBI Director of Digital and Innovation, comments:
“Businesses and universities conducting research rely on international collaboration to thrive – they require access to talent, skills and funding. It is welcome that government is looking at alternatives to provide stability for firms to continue to invest in UK R&D."
05 Nov 2019
On business rates
The CBI welcomed the Treasury Select Committee’s report reaffirming the CBI’s position that the business rates system is broken and in need of urgent reform. Annie Gascoyne, CBI Director of Economic Policy, said:
“At the last General Election, all political parties recognised the need to reform the business rates system. Firms hope that this commitment will be made in manifestos in the coming weeks.”
31 Oct 2019
Mobile 'not-spot' investment
The CBI's Director of Digital and Innovation Felicity Burch has responded to the government’s £1bn deal with industry to tackle poor rural connectivity.
“The CBI welcomes this industry-government proposal to eliminate not-spots across the UK, which in turn will unleash investment and boost productivity. This is another crucial step in making the UK match-fit for the digital revolution.”
25 Oct 2019
On the new UK-EU agreement
CBI Director-General Carolyn Fairbairn has responded to the publication of the Withdrawal Agreement and Political Declaration:
“If this deal does pass Parliament, firms will do everything possible to make it work for communities across the UK. Business will continue to challenge the Government to negotiate the vital future partnership on the basis of economic evidence.”
17 Oct 2019
The Queen's speech
The CBI welcomed the focus on improving jobs, backed by investment in science, infrastructure and education, but Josh Hardie, CBI Deputy Director-General, added:
“The Prime Minister has a domestic vision that could excite enterprise and drive growth. But it is impossible to ignore the Brexit straight-jacket. To deliver the ambition set out today, the will to get a deal must unlock a way to build a new, closely aligned relationship with the EU."
14 Oct 2019
To the Prime Minister
CBI Director-General Carolyn Fairbairn has responded to the Prime Minister’s speech at the 2019 Conservative Party Conference:
“The UK is at a crossroads. One road leads to the Prime Minister’s optimistic vision for our country. Firms will back the call for business and government to work together to lift growth. But this vision relies on a good Brexit deal. The No Deal turning ends in a very different place."
02 Oct 2019
To the Chancellor
CBI Director-General Carolyn Fairbairn has responded to the Chancellor of the Exchequer’s speech at the 2019 Conservative Party Conference:
“The Chancellor has put his money on a modern, connected, low carbon economy, which is exactly what business wanted to hear. But it feels like there was a page missing from his speech on how government would respond to the serious rupture caused by failing to secure a deal with the EU."
30 Sep 2019
To the Education Secretary
CBI Chief UK Policy Director Matthew Fell has responded to the Education Secretary's speech at Conservative Party Conference by welcoming investment in education and skills as the foundation stone of a prosperous economy. He continued:
“The CBI has been calling for investment and reform of our skills system to put centre stage. The Education Secretary is right to make colleges and further education a top priority."
30 Sep 2019
To the Labour leader
In response to Jeremy Corbyn's speech to the Labour Party Conference, CBI Director-General Carolyn Fairbairn said:
“An entire Labour conference passes with no mention of the value business brings to communities and workers across the UK: the jobs they create, the people they train, the innovation they deliver. Instead, firms have faced a volley of attacks. This is desperately disappointing."
24 Sep 2019
To the Shadow Business Secretary
CBI Deputy Director-General Josh Hardie has responded to Rebecca Long Bailey's speech to the Labour Party Conference, which included focus on greater action to tackle climate change:
“Business is completely behind the transition to a net-zero economy by 2050. To meet this target we must have ambitious policy. The Labour Party needs to work with business to make the transition a success.”
24 Sep 2019
To the Shadow Chancellor
CBI Director-General Carolyn Fairbairn responded to John McDonnell's speech at the Labour Party Conference, which included policies for a four day week on the same pay and an inclusive ownership fund:
"Business shares the Shadow Chancellor's aim of a fairer economy. But too many of Labour's policies would make this harder to achieve, harming the very people they are trying to help."
23 Sep 2019
Science & Technology Committee report on R&D spending
The CBI's Director of Innovation & Digital, Felicity Burch, welcomed the Committees call for an ambitous plan to reach the 2.4% R&D target by 2027. She added:
“The Committee’s recognition that innovation support must be more accessible and easier to navigate is something the CBI has long been calling for. Change will be critical if the UK is to remain the home of ground-breaking discoveries and inventions.”
11 Sep 2019