4th November 2022
The CBI lobby group has warned the government it risks another
decade without growth if ministers do not tackle immigration and
planning policy to kick-start the economy.
It fears the government is unwilling to make tough political choices needed. A survey showed
British business confidence has fallen to its lowest level in 13 years.
TheCBI said it was likely to be “damaging in the short and long term” if
chancellor Jeremy Hunt’s tax and spending plans were not accompanied
by supply side reforms.
Tony Danker, its director-general, said: “A desperate lack of workers is inflating wages and stopping firms growing.”