The head of the British employers' organisation, the CBI, has told the Financial Times he doesn't see the UK government focused on growth.
In an effort to position himself before the CBI's annual conference begins on Monday John Cridland argued that some investors in the energy sector were feeling "punched" after cuts to solar panel subsidies.
He said those cuts, allied to changes in carbon reduction financing and the supplementary tax on oil and gas producers were part of a disjointed industrial policy.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
It is Mr Cridland's job to put the case for business but he also highlights the issue of a skills shortage in the UK economy, arguing a £1500 subsidy to help small businesses take on apprentices should be extended to all firms.
The Chancellor, George Osborne, is due to make his Autumn budgetary statement at the end of this month.
BS
-
Parental contributions to kids' university living costs could reach £14,000 a yearParents helping kids with university living costs face contributions of up to £14,000 per year, according to a report from HEPI and TechnologyOne.
-
Rightmove: property asking prices hit record highNews Rising demand for top of the ladder home is boosting asking prices, Rightmove research shows. Is now a good time to sell a property?
