A leading British industry group has warned the government against announcing new business tax rises in next week’s budget, which it said would dampen the UK’s economic recovery. The Confederation of British Industry (CBI) said on Friday that UK businesses share the government’s aim to boost private sector investment, but worry that the budget will not do what is needed to achieve its objective. CBI Director-General Tony Danker said the recovery was fragile, warning ministers they were “betting the shop” on private sector investment without doing what it takes to attract it. “We cannot take the economic recovery for granted,” he said. “If the UK is to break out of a decade-plus cycle of anaemic growth and zero productivity, then the government has to get serious about what it will actually take to deliver that.” Danker said there is a “fundamental inconsistency” between the government’s intention to unlock business investment …
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta