© 2020 – 2024 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
Image default
News

CBI says Britain risks cycle of low growth without higher investment

Director general to tell ministers they must raise skills, cut red tape and exploit opportunities of green economy

Britain risks becoming trapped in a vicious cycle of low growth and high taxation unless the government takes radical steps to boost investment, raise skills, cut red tape and exploit the opportunities of the green economy, a leading business lobby group is warning.

Tony Danker, the director general of the CBI, will use a speech on Thursday to criticise ministers for a lack of ambition as he outlines a five-point plan to restore the UK’s underlying growth rate to the levels seen before the financial crisis of 2007-09.

Continue reading…

Related posts

Hong Kong: landmark national security trial of 47 democracy advocates begins

AEA3

Ukraine invasion: Explosions in Kyiv as UK reports ‘fierce resistance’ across the nation

AEA3

EU to launch legal action over UK plan to extend Brexit grace period

AEA3