How business responded to the general election results
UK GDP growth dependent on EU deal hints CBI Economic Forecast
Based on the UK agreeing a satisfactory trade deal with the EU, the latest CBI economic forecast predicts that GDP growth for the next two years will remain modest at 1.3% in 2019 and 1.2% in 2020 and pick up to 1.8% in 2021. If a deal isn’t reached the picture is much less rosy. Anna Tobin reports
CBI forecasts 1.4% rise in GDP this year if a no-deal Brexit is avoided
The CBI is predicting GDP growth of 1.4% in 2019 and 1.5% in 2020, providing a no-deal Brexit is avoided. Anna Tobin reports
The TUC and CBI issue joint statement on citizens rights post Brexit
The Confederation of British Industry (CBI) and the Trades Union Congress (TUC) have come together to urge the UK government and the EU to guarantee citizens’ rights after March 29, 2019. The two organisations represent millions of public and private sector workers and 190,000 businesses.
In a joint statement Frances O’Grady, general secretary of the TUC and Carolyn Fairbairn, director-general of the CBI, said: ‘After 15 months of human poker, the uncertainty facing four million European and UK citizens has become intolerable.