On approach to local lockdowns

The CBI has set out six ways to build confidence for those businesses, local authorities and communities affected, if their local area comes under new temporary restrictions. Chief UK Policy Director, Matthew Fell said:

"Businesses know that if infection rates spike in an area then new local lockdowns may well be required to protect public health. That’s why they’re working so hard to follow the government guidance, keeping their workplaces, offices, pubs and shops, safe and COVID-secure for staff and customers."

07 Aug 2020

On the Bank of England quarterly monetary policy report

Rain Newton-Smith, CBI Chief Economic responded, saying:

"With interest rates already so close to zero, it’s unsurprising that the Monetary Policy Committee kept its powder dry this time around. Despite early signs of a recovery gathering pace, downside risks to the outlook are still looming large, so a “wait and see” approach seems like the right one at present."

06 Aug 2020

On SQA results

On results day, CBI Scotland Director, Tracy Black, said:

"Congratulations to all Scottish students getting their results today. While it has undoubtedly been an unusual year for young people, and the education system as a whole, that should not detract from pupils’ years of hard work and dedication."

04 Aug 2020

Our response to the latest PM press conference

Matthew Fell, CBI Chief UK Policy Director, noted the news will come as a real disappointment for some businesses, but highlighted firms know that public safety comes first. He added:

“Delayed reopening will unfortunately lead to even more financial pressure for some companies. So there may yet be a need for more direct support to shore up cash flow, including extended business rates relief.”

31 Jul 2020

Data reveals firms' concerns over non-negotiated EU exit and lack of preparedness as Brexit talks continue

Dame Carolyn Fairbrain, CBI Director-General, said that while many larger firms have long had plans in place for a no-deal outcome, smaller firms will struggle to cope with a double dose of disruption. She added:

“A deal that supports the UK’s world leading services firms and keeps UK exporters free from red tape, costs and new trade barriers is paramount as the UK takes its all-important steps towards recovery.”

31 Jul 2020

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