CONFIDENCE IN BRITAIN IS FALTERING, CBI CHIEF WARNS

CONFIDENCE IN BRITAIN IS FALTERING, CBI CHIEF WARNS

Political leaders have also been addressing the CBI in London

Confidence in Britain is faltering amid "extreme ideology" on both sides of the political divide, a business leader has warned.

Carolyn Fairbairn, director general of the CBI, set out a series of dangers she said could get in the way of a bright future for the country.

She told the business group's annual conference in London: "On the right, we have the threat of - even preference for - no deal as the end point of our Brexit negotiations.

"For some on the right, this preference for no deal is driven by a zeal for something beyond this - and that is the wholesale deregulation of the UK economy.

"But I want to be clear that this is not what British firms, large or small, want."

Companies want to improve the quality of good jobs, not diminish them and will do all they can to make Brexit work, she said.

"But when no deal becomes an ideology of its own, seemingly intent on ignoring the impact on jobs and livelihoods, then we have a problem.

Published: by Radio NewsHub
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