Against this background firms are cutting back on their investment plans and expect the rate of job losses to increase. |
As it stands, (pension) trustees will feel compelled to make companies adopt aggressive new funding plans regardless of the impact on the business or on scheme members. |
Business investment is disappointingly sluggish and the long-term effects on the U.K. economy are really worrying our corporate members. The general view is that the U.K. is still a good place to do business, but it is not as good as it was five years ago and it won't be as good in five years time if policy continues as it is. |
Companies still need to get the job done, |
Forcing employers to contribute is neither fair, nor equitable or sensible. |
If the regulator gets this wrong, it could have the perverse effect of throttling private sector investment, thereby damaging the UK economy, putting the very pension schemes the regulator is trying to protect under even more pressure. |
In Europe, we're seeing a wave of so-called economic patriotism. Protectionism is pernicious, pervasive, the ill-conceived political response to globalization and on the increase. |
It could have the perverse effect of throttling private sector investment, thereby damaging the UK economy - putting the very pension schemes the regulator is trying to protect under even more pressure. |
It is good that the Commission is allowing the opt-out to remain, but it is quite wrong to give trade unions a veto over what should be an individual decision. The proposals would undermine the individual's right to choose the hours they work. |
It is hard to see how the government can maintain its veto on nuclear new build. |
It welcomes new powers for shareholders to vote through proportionate liability for auditors, which should result in a fairer sharing of the burden between companies and their auditors. |
Phase two of the emissions trading scheme would result in further hikes in energy costs at a time when firms are enduring the highest gas and electricity prices for more than a decade. |
Rising raw material and energy prices have continued to push up costs and hit profits, |
The CBI welcomes the deregulatory aspects of the Company Law Reform Bill, |
The going is getting tougher. The relationship will depend on the nature of the decisions the government takes and how credible they are with the business community, |