Rain Newton-Smith, the CEO of the Confederation of British Industry, will warn in a speech that tax rises in the autumn Budget will hinder investment by UK companies, impacting growth. She highlights that the government’s measures have made it challenging for businesses to take risks in hiring new employees, as profit margins are being squeezed and competitiveness is being compromised. Newton-Smith emphasizes that decisions made in boardrooms across the country regarding investment and expansion are being affected, with many firms still hesitant to take chances following the Budget.
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New top mandarin issues stark warning to Whitehall on first day in the job
Sir Chris Wormald, the new cabinet secretary, has issued a warning to civil servants to stop hindering progress and embrace change. He aims to implement a "re-wiring of the way the government works" as part of Prime Minister's Plan for Change, focusing on collaboration and utilizing technology. Sir Chris emphasizes the need for a new approach to deliver on the government's priorities, including boosting the economy, improving healthcare, increasing police presence, and addressing housing needs....
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