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Labour still better than 'chaotic' Tories, says CBI chairman

Labour still better than 'chaotic' Tories, says CBI chairman


Published on 2024-12-01 05:30:46 - Brian Stokes, N@N
  Print publication without navigation

  • Corporate Britain is better off with Labour than the "chaotic" Tories, the chairman of the Confederation of British Industry (CBI) has said. Rupert Soames said the stability offered by the new Government was preferable to the turnover seen under the previous administration, despite a backlash to Rachel Reeves's Budget.

The article from The Telegraph discusses the views of CBI Chairman Rupert Soames on the current political and economic landscape in the UK. Soames expresses a preference for a Labour government over the "chaotic" Conservative administration, citing the need for stability and a clear economic strategy. He criticizes the Conservative Party for its internal divisions and frequent changes in leadership, which he believes have contributed to economic uncertainty. Soames highlights that while Labour's policies might not be perfect, the party offers a more coherent and stable approach to governance, which businesses crave. He also mentions the importance of a government that can work collaboratively with businesses to foster growth, innovation, and investment, suggesting that Labour's recent engagement with the business community has been more constructive than that of the Conservatives.

Read the Full The Daily Telegraph Article at:
[ https://www.telegraph.co.uk/business/2024/12/01/labour-better-than-chaotic-tories-cbi-chairman/ ]
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