The prime minister blackballed business groups from his keynote speech on the future of EU trade talks yesterday, accusing them of failing to prepare their members for the “reality” of post-Brexit Britain.
The Chancellor has warned there will be no alignment with EU regulations after Brexit - despite a pledge being made in the North East by Boris Johnson that standards would be protected.
Many EU member states are calling for a very hard line with the UK in talks on future relationship.
New orders fell and outlook for the year ahead remains gloomy.
Survey finds majority of factory owners have cut investment, as insolvencies hit six-year high.
The CBI has responded to the publication of the Withdrawal Agreement and Political Declaration.
17/10/2019
“Frictionless EU trade and regulatory alignment is vital for UK prosperity and jobs. The deal remains inadequate on services, which make up 80% of the UK economy. And big questions remain about the feasibility of negotiating a new trade agreement deep enough in a 14-month transition period."
‘We must leave with a deal that protects jobs and livelihoods – or get mired in a swamp,’ says Confederation of British Industry.
UK retail sales in August dropped at their fastest pace since the global financial crisis in 2008
22/08/2019
CBI says just 10 per cent of the firms said sales are higher than this time last year.
Labour leader demands transparency for public and business.
The surging price of bitcoin could reach record highs in the coming months if the UK leaves the European Union without a deal, according to some cryptocurrency analysts.
The UK economy contracted 0.2% between April and June, its worst performance since 2012, the Office for National Statistics said.
The day after the British government signalled a ramping-up of preparations to leave the European Union without an agreement, two reports have called into question the readiness for a no-deal Brexit.
Output fell in past three months at sharpest rate since 2009 and investment plans for next 12 months weakened.
CBI warns uncertainty is crippling UK economy with country at risk of lagging behind G7 competitors.
The Confederation of British Industry has warned Conservative leadership candidates over a no-deal Brexit. / Such a scenario would do "severe" damage to businesses, the body - which supported Remain - told all the MPs running to lead the party.
Falling business volumes, a sharp decline in jobs and a ‘national emergency’ have damaged bankers’ confidence.
Industry group and union body join forces to demand Theresa May changes approach. / Britain’s foremost trade union body and industry lobby group have joined forces to demand Theresa May urgently changes her approach to Brexit, warning the country now faces a national emergency.
The UK risks "crashing out" of 40 trade agreements spanning five continents in the event of a no-deal Brexit, a business organisation has warned.
CBI’s measure of private sector growth drops to -3 in February from zero in January.
The CBI warns "the job of untangling 40 years of economic and regulatory integration is mammoth and should not be underestimated". / The employers' group said the EU's single market "is one of the most sophisticated systems of economic rules in existence".
Goods dispatched in coming days may not arrive until after 29 March deadline.
No-deal outcome to hurt every UK region with northeast England hit hardest, study predicts
22/01/2019
Areas more heavily reliant on exports and manufacturing likely to be most severely damaged, Confederation of British Industry finds.
CBI appeals to Tory MPs to shift position to avoid a no-deal Brexit, or risk further harm to the economy.
Leaving the EU with no deal in place would cause 'irreparable harm' to the UK economy, business group warned.