Next government needs plan for growth within 100 days, says CBI

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The Confederation of British Industry (CBI) wants an immediate focus on the economy following the General Election.

The CBI said firms want to see a cutting-edge trade and investment strategy from the next government

It comes amid a backdrop of sharply-increased interest rates – which sit at a 16-year-high of 5.25% – and shaky consumer sentiment following soaring inflation over the past two years. Rain Newton-Smith, chief executive officer of the CBI, said: “Top of the in-tray should be sharpening the investor pitch for ‘brand Britain’ – ensuring we are at the very top of the league table when it comes to investment.

It also urged the General Election winner to deliver a net zero investment plan to help create more jobs linked to energy security and efficiency.

 

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