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CBI COMMENTS ON PRIME MINISTER'S SPEECH TO CBI ANNUAL CONFERENCE

CBI COMMENTS ON PRIME MINISTER'S SPEECH TO CBI ANNUAL CONFERENCE

The CBI today (Monday) reacted to the Prime Minister, Rt. Hon David Cameron’s, speech to business leaders at the CBI’s Annual Conference in London.

John Cridland, CBI Director-General, said:

“The Prime Minister gave an upbeat speech, focused on how the Government intends to move up a gear on its growth strategy.

“He highlighted the housing sector and outlined a CBI-inspired proposal to bridge the deposit gap for first time buyers of new-build property.

“Mr Cameron also made clear that within one week, when the Chancellor makes his autumn statement, we would have a new strategy for infrastructure, which will aim to leverage private sector balance sheets to stimulate growth.

“He recognised the need to refocus UK exports towards emerging markets, echoing the CBI and Ernst & Young’s research.”

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