CBI (Confederation of British Industry)

How big a part of the growth story is planning reform? Our CEO Rain Newton-Smith shared her views with Evan Davis on BBC PM 👇

"We can’t do this alone. We must work with business every step of the way. It’s why I’m asking some questions of business owners to help shape our approach." Read more about our Secretary of State's meeting with businesses 👇

CBI CEO Rain Newton-Smith was at HM Treasury this morning to listen to Chancellor Rt Hon Rachel Reeves set out her vision for growth. Firms welcome the Chancellor's commitment to tackle the restrictive planning processes holding back investment. Read our full response here: https://lnkd.in/eErw334V

Our Chief Economist, Louise Hellem was up bright and early this morning talking to the BBC’s Business Today about what business wants to see from the new Labour Government ahead of our CEO’s meeting with Chancellor Rt Hon Rachel Reeves. It includes: -         Laser focus on growth -         Planning and business rates reform -         Unlocking private sector investment

Friday morning started very early for me, in the beautiful and historic district of Leadenhall market, just steps away from where I started my career as young economist at the Bank of England 25 years ago. Speaking to journalists about the general election result, what it means for business, and the policies that our members would like to see from the new government, it certainly felt historic. Not least because for the first time in history, we have a female Chancellor of the Exchequer in Rachel Reeves - an avid and brilliant economist who I was lucky to work with during my time at the Bank of England. As she so eloquently put it in her speech to HMT staff, 'to every young woman and girl watching this: let today show that there should be no ceilings on your ambitions, your hopes or your dreams.' And we will all need that ambition and steely determination as we turn our hand to ensuring we deliver the sustainable growth our economy needs. While we've seen some encouraging signs that the economy is picking up steam, we need to shift up a gear for business investment to deliver the green growth, innovation and digital economy that leads to higher living standards across the UK. We need to build on what has gone before. And as all leaders soon find out – you can’t fix every challenge alone. The government needs to partner with business to harness the ideas, innovation and optimism to deliver lasting change. Over the past few months, I've been inspired and led forward by the brilliant ideas and energy of business leaders around the UK. Now with the election over, the real work and hard graft begins: delivery, delivery, delivery. We stand ready to play our part. But for now, for all of us, it's home for some more sleep. And a chance for me to share the excitement and optimism with my daughters. Rest up everyone, we have work to do. CBI (Confederation of British Industry) Theresa Bischof John Foster Louise Hellem Liz Banks Jordan Cummins Tania Kumar Naomi Weir Mohammad Jamei Alice Grimes and so many more colleagues and brilliant members

Huge congratulations and a moment to celebrate our first female Chancellor Rt Hon Rachel Reeves. Women and men across business stand ready to work with her to deliver long-term, sustainable economic growth for the UK. Role models matter to inspire future leaders. CBI (Confederation of British Industry) HM Treasury

Speaking to Nick Ferrari on LBC earlier today, Louise Hellem, our chief economist, set out what businesses are telling her they want from a Labour government: 📃A plan for trade and investment 🤝Involving businesses in developing an industrial strategy ⚙️Making good on pledges around planning and grid connectivity 💷Certainty around the tax system, including business rates reform

Huge congratulations and a moment to celebrate our first female Chancellor Rt Hon Rachel Reeves. Women and men across business stand ready to work with her to deliver long-term, sustainable economic growth for the UK. Role models matter to inspire future leaders. CBI (Confederation of British Industry) HM Treasury

CBI CEO Rain Newton-Smith was on BBC Radio 4 this morning: “it’s been brilliant to see The Labour Party talking about being the party of business…the vast majority of investment has to come from the private sector so they need to be working with the CBI, working with our members to really help to deliver that growth” 

Our CEO, Rain Newton-Smith has congratulated Sir Keir Starmer and The Labour Party. Delivering sustainable growth should be the defining mission for the new government and business stands ready to bring its innovation, ideas, and investment to make that shared mission a reality. Read the full statement here 👉 https://lnkd.in/esmejh9v 📸: Sir Keir Starmer speaking at the CBI’s annual conference in 2022