Confederation of British Industry warns politicians: Don’t let election halt UK growth
Britain’s biggest business group will this morning warn politicians against allowing post-election uncertainty to derail the country’s impressive economic growth.
The UK is facing the tightest General Election in decades on 7 May, with many polls showing no party in line for a clear majority.
And even if a coalition needs to be formed, the Confederation of British Industry (CBI) wants to see the new government commit to several key measures from the outset.
A new airport in the south east must be given the go-ahead, the CBI says, calling for a government promise to “fully commit to implementing the final recommendations of the Airports Commission”, which is due to report after the election.
The group is also concerned that measures to rein in the UK’s huge annual budget deficit are not compromised by the outcome of the election. Labour and the SNP both favour higher spending than the Conservative party.
On Europe, CBI deputy head Katja Hall added: “Referendum or no referendum, politicians must set out a constructive plan to deliver change in Brussels, to get much of the continent back on its feet by securing growth on our doorstep in our largest export market.”