The Confederation of British Industry (CBI) has said that the Prime Minister now needs to deliver on growth following her first keynote speech.
The Prime Minister has promised to “get Britain moving” addressing Tory members at the conference in Birmingham.
Liz Truss warned that we are in “stormy days” and was heckled by Greenpeace protestors who held up a banner and heckled “who voted for this.”
Truss said, “In these tough times, we need to step up.
“I am determined to get Britain moving, to get us through the tempest and put us on a stronger footing as a nation.
“Whenever there is change there is disruption. Not everyone will be in favour but everyone will benefit from the result.”
Truss said that the Chancellor Kwasi Kwarteng “will keep closely co-ordinating our monetary and fiscal policy.”
Truss promised “an iron grip on the nation’s finances” and vowed to break Britain out of a “high-tax, low-growth cycle.
She added, “The chancellor and I are in lockstep on this.”
She said, “so let me be clear, we have your back.”
Brian McBride, CBI President, said, “The Prime Minister has reasserted the government’s commitment to growth and to a pro-enterprise agenda. The 2.5% target is the right ambition, it’s now down to delivery.
“The need to remove genuine barriers to growth is right and delivering supply-side reforms is now essential. Improving the planning system, a pragmatic approach to immigration and unlocking green investment, will be key.
“Businesses will be looking to the upcoming medium-term fiscal plan to deliver a credible route to growth and demonstrate fiscal responsibility. The CBI will continue working with the Government to boost investment in UK plc.”
Leave a Comment