Snap Response To Conservative Party Manifesto
The CBI has responded to the Conservative Party manifesto ahead of the 2017 General Election.
Carolyn Fairbairn, CBI Director-General, said:
"With the world watching, now is the time to send a clear signal that the UK is open for business.
"Firms will be therefore heartened by proposed increased R&D spending, planned corporation tax reductions and a commitment to act on business rates.
"But the Conservative manifesto has an Achilles heel - in a global race for talent and innovation UK firms risk being left in the starting blocks because of a blunt approach to immigration.
"The next government can both control migration and support prosperity - it does not need to be an either-or choice.
"Decisions made in the next Parliament will determine the UK's economic destiny for a generation. And Brexit is the biggest and most complex task facing the next government - getting it right is vital for our country's future prosperity.
"To make a success of Brexit, the next government must commit to working alongside business more closely than ever before. We need a team of all the talents to get the best outcome for Britain - and UK firms are up for the challenge."
Snap Response To Conservative Party Manifesto, 18th May 2017, 13:40 PM