Bulletin

Cut taxes and relax visa rules to bolster growth, says new CBI leader

The Confederation of British Industry's new director general is to argue today that lower taxes and higher immigration are vital to boosting the economy and supporting growth across the UK. In her first keynote speech as head of the business lobby group, Carolyn Fairbairn will say that mid-sized firms are the UK's growth engine, but are currently being undermined by unpredictable taxation and a shortage of essential skilled staff. She wants companies to be able more easily to transfer their staff in an overseas office into their UK sites, which can be difficult under current visa rules. The new CBI chief also wants a more stable tax regime which incentivises entrepreneurs to expand their businesses and keep on investing. She argues that small firms get a lot of attention, as do the giants, but not the mid-sized businesses in between.

 

News: bulletin content has been provided by a third-party and is not the opinion of Santander

Other Articles

The new Apprenticeship Levy could help transport and logistics companies solve their recruitment problems and equip their workforces with…

Cornwall is a land steeped in legend but this salty business success story is no myth.

Santander Incubator social enterprise, Liverpool Girl Geeks, has secured £20k in Rosa funding to help them grow their programmes and…

Santander Incubator social enterprise, Liverpool Girl Geeks, has secured £20k in Rosa funding to help them grow their programmes and…

Travelstar European Ltd, one of the West Midlands’ leading coach hire companies, has moved to larger premises in Portland Street, Walsall,…

An experienced early years practitioner in Devon has secured the future of a local nursery by acquiring the business in addition to their…

Where Next?