CBI Publishes Wish-List For British Industry
“Balance and growth”. These are the words that perhaps best describe the CBI’s blueprint for steering Britain’s economy back on the right track. During a press conference at the industry body’s Centre Point HQ Deputy-Director General, John Cridland, and Chief Economic Adviser, Ian McCafferty, outlined their organisation’s recommendations to the UK government’s pre-budget report. The proposals although largely predictable- no increased tax burden on businesses, and a more timely balancing of the nation’s budget- arguably read more like a fanciful Christmas wish-list than a letter to the Chancellor. They included calls for the government to protect capital spending, and a re-working of public services. The latter represents an ambitious (some would say audacious) plan to cut the cost of public sector service delivery…
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