As the guiding principles of this year’s World Economic Forum suggest, addressing the biggest global challenges requires the collaborative efforts of business, government and civil society. As Chief Economist at the CBI, the UK’s leading business organisation, I couldn’t agree more.
The current biggest test for the UK is avoiding a no deal Brexit which would be catastrophic for our economy, for jobs and livelihoods around the UK. Now is the time for politicians to come together to lead the country away from the cliff-edge of no deal.
But Brexit brings with it another real challenge, as it drains capacity from the UK government to tackle other issues, including the ability of business to invest in new technologies and skills that will transform all our lives.
At the CBI, we bring business leaders from across all sectors together with policymakers to help create a fairer, more inclusive and prosperous society. Providing more opportunities across all regions and nations of the UK is something business is passionate about, particularly since the UK has among the highest regional inequalities in Europe.
To understand what is driving differences in standards of living across the UK, the CBI led a landmark study,
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