19 November 2018

  |  CBI Press Team

Press release

CBI responds to Jeremy Corbyn speech at Annual Conference

The business response to a speech from the Labour Party Leader, Jeremy Corbyn MP

CBI responds to Jeremy Corbyn speech at Annual Conference

Responding to a speech by the Labour party leader, Jeremy Corbyn MP, Carolyn Fairbairn, CBI Director-General, said:

“Firms have made an offer to Labour – to work with business in a new partnership to solve the issues facing the UK and build a truly competitive and fair country.

“From rigid employment rules to blunt public ownership, the Labour approach sounds more command and control, than partnership. This is not the change that is needed.

“Labour and business do share an ambition to tackle inequality, but the way to achieve this is through collaboration based on the belief that enterprise is a force for good.”

On Brexit:

“Firms wants a new relationship based on frictionless trade, services access and a say for the UK over future rules. This is the real prize – and firms are desperate to move forwards.

“The deal currently on the table opens up this potential, and the last thing businesses want is to go backwards. The Government’s deal is not perfect, but with four months to go and the potential of no deal looming progress must be made.”