CBI responds to Prime Minister's speech at Annual Conference

Tony Danker, CBI Director-General, said:

“If we are serious about going for growth, then 2022 has to be a year of detail and delivery.

“The UK has an opportunity to lead the world in the race to net zero. By making decarbonisation one of our economy’s big bets for growth, we can create the high value sectors, firms, skills and investment needed to level-up the economy. I was delighted to hear that the Prime Minister believes business investment is a priority and is willing to consider what more beyond the super deduction is needed to incentivise firms.

“What the Prime Minister set out today on EV charging is exactly the kind of detail we need to drive the necessary investment for a high-growth economy. That mix of high ambition and focused detail can provide a blueprint for how government and business can work together to turn political aspiration into boardroom action.

“Business leaders will be heartened to hear the Prime Minister talk passionately about the role of the private sector working in partnership with the government to achieve our shared ambitions for a high wage, high skill, high investment economy.

“With many business leaders in the North still feeling bruised by last week’s decision on HS2, that spirit of partnership must kick into gear straight away so that Government, local leaders and businesses are able to find a better way forward to address those places that missed out.”