David Blackburn

Outgoing head of the CBI slams the government on growth

Richard Lambert has launched an uncompromising but constructive assault on the government’s growth strategy, or lack of it. He said:

“The government is…talking about growth in an enthusiastic and thoughtful way… But it’s failed so far to articulate in big picture terms its vision of what the UK economy might become under its stewardship. “What I feel is that a number of their initiatives – I’m thinking of the immigration cap, I’m thinking about their move on the default retirement age, about the carbon reduction commitment – have actually made it harder for companies, or less likely for companies to employ people. And what we want, actually, is a sense of direction, a sense of ambition.”

It’s a common refrain. The Conservatives campaigned on the deregulation of small businesses at the last election; they are yet to deliver, something for which they are being criticised. In fact, several business bodies lament the onset of yet more regulation.

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