Belfast Telegraph

CBI in plea to Chancellor over his Autumn Statement

By Peter Woodman

The Chancellor's Autumn Statement should focus on infrastructure investment, encourage innovation and remove barriers to enterprise, the CBI says.

Among things the business organisation wants to see are a tunnel under Stonehenge to relieve congestion to south west England and progress on the A14 upgrade in East Anglia.

The CBI also wants a final decision on the guarantee for Hinkley Point C power station in Somerset, a reform of business rates and a freeze on APD airport departure tax for long-haul flights.

The organisation reckons its target proposals would cost "a modest £676m in 2015/16, paid for through public services reform and departmental savings".

CBI director-general John Cridland said: "The UK recovery is on solid ground but it is in increasingly stark contrast to what's happening elsewhere in the world."

Belfast Telegraph

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