Political parties urged to back industrial strategy

The CBI is urging rival parties to back a new Industrial Strategy in their general election plans.

CBI director-general Carolyn Fairbairn says, “Businesses will be looking to each political party to set out their plans to support economic stability and prosperity over the next Parliament in a way that is fair and sustainable for communities across the UK.

“Distraction from the urgent priorities of seeking the best EU deal and improving UK productivity must be kept to a minimum.”

She added, “Firms will want to hear commitments from all parties to work in close partnership with business and back a new Industrial Strategy to make the UK economy the most competitive in the world by 2030.

“It is essential to get the UK’s foundations right, from building a skills base for the next generation, to investing in infrastructure, energy and delivering a pro-enterprise tax environment.”

James Thornton, CEO of environmental lawyers ClientEarth, said there was, “A perfect opportunity for all parties to put the environment and pollution at the heart of this election”.

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