Tony Danker called on chancellor Jeremy Hunt, in his spring Budget, not to "shy away from the hard decisions that can reverse the UK's trajectory" of falling investment.
In a speech at University College London, the CBI director general said: "Growth still matters. The PM set out less than a year ago what is needed to transform our economy. The ideas are there. Let's stop second-guessing ourselves and get on because there is money on the table to capture right now."
He argued that "our international competitors in Europe, Asia and the US are going hell for leather on green growth and getting firms investing. "We are behind them now and seem to be hoping for the best. It's time for us to take those hard decisions, generating the forward momentum not only to limit recession this year but also get us really growing next."
This story is from the January 24, 2023 edition of The Independent.
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This story is from the January 24, 2023 edition of The Independent.
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