Against a backdrop of stumbling growth and weak business confidence, the CBI is urging the new Prime Minister to restore confidence and set a pro-enterprise path for the UK.
In a Business Manifesto published today CBI Director General Carolyn Fairbairn will urge the next Prime Minister to act fast to set a clear direction for the UK, build a long-term vision that drives in investment and back business as a foundation of a growing, inclusive economy.
In the East Midlands the CBI is proposing the government support the following schemes, which it believes are critical for regional growth. These are:
- Maximise the benefits of HS2 prioritising improving connectivity across the region, into the rest of the Midlands and beyond.
- Address the region’s growing secondary level attainment gap, as well as prevent further growth in existing regional skills shortages.
- Provide long term certainty on initiatives such as the Local Industrial Strategies, ensuring areas have the capacity to deliver these key strategies and can collaborate across boundaries.
Carolyn Fairbairn said: “Early signals matter. The new Prime Minister has a real chance to inject a new lease of life into the UK economy.
“He should take a transformative approach to making the country more competitive, innovative and inclusive. We urge the next Prime Minister to act fast to get the economy back on track.
“That means no equivocation on essential national infrastructure, from HS2 to Heathrow. It means an immigration system that is controlled but also open and welcoming. And it means fixing economic policy that isn’t working, from business rates to the apprenticeship levy.”
CBI regional Director for the East Midlands Richard Blackmore said: “The next Prime Minister must back up his campaign promises and prove to be indisputably pro-business. By backing business, the Government can ensure the East Midlands benefits from enterprise, jobs and growth. We have clear ideas about how to move forward the East Midlands and we hope to create a new partnership of business and government.
“The CBI and the 190,000 firms we represent are committed to a partnership that delivers for communities across the country. We urge the new Prime Minister to work with us.”