There were two important statements from the CBI on Thursday. One, as you’d expect, was a view on the new UK-EU withdrawal agreement. In short, the employer’s body welcomes anything that lessens the chances of a damaging no-deal Brexit but it warned that “big questions remain about the feasibility of …
Read More »CBI calls on Labour to publish nationalisation plans | Business
The Confederation of British Industry has served Labour with a challenge to publish the full details of its nationalisation plans, in the latest twist of an increasingly bitter row. Britain’s leading business group hit back amid mounting pressure over its claim that Labour’s nationalisation plans would cost £196bn, releasing further …
Read More »CBI is wrong to see cost as big issue in Labour’s nationalisation plans | Nils Pratley | Business
The Confederation of British Industry is barking up the wrong tree when it howls about the “eye-watering” cost of Labour’s nationalisation plans, which it puts at almost £200bn. Of all the arguments against nationalisation – and there are many strong ones – the claimed upfront cost is the weakest. The …
Read More »Labour has a plan for industry – and bosses are listening | Business
With an election looming and politics in upheaval, companies and lobbyists are looking hard at the Labour party’s business policies. Aside from wrangling over its position on Brexit, Labour has been devising the most radical rethink of business’s role in the economy and society since the 1980s. Rebecca Long-Bailey, the …
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