8 May 2018

  |  CBI Press Team

Update

"Idea that each generation should have a better life than the previous one is central to economic growth"

The CBI has responded to the Resolution Foundation's Intergenerational Commission's final report.

Carolyn Fairbairn, CBI Director-General, said:

“The idea that each generation should have a better life than the previous one is central to the pursuit of economic growth. The fact that it has broken down for young people should therefore concern us all.

“Businesses won’t agree with everything contained in this important and independent report, but there is much here that CBI member firms can support, from investing in adult retraining to building new homes. 

“We need individuals, businesses and the state to pull together to address this challenge, and lift the living standards prospects of young and future generations.”