CBI

Parental Leave Reforms Mean More Red Tape

Parental Leave Reforms Mean More Red Tape

Plans to allow new fathers to take six months paternity leave from next year will mean more red tape for small businesses, the British Chambers of Commerce (BCC) has warned. The Government has proposed that new fathers have a statutory right to take up to three months’ paid and three months’ unpaid leave. The move will allow mothers who return to work after six months to transfer their unused six months’ paternity leave to their partner. At present fathers are entitled to a maximum of a two weeks’ paid leave. “Small firms will suffer if they have to cope with more administration,” said BCC director general, David Frost. “We want a moratorium on new employment law so that employers can focus their attention on getting businesses and the economy out ... »

Growing Business Awards to Recognise Firms Successes

Growing Business Awards to Recognise Firms Successes

Business owners seeking recognition for their firm’s successes have until 18 September to enter the Growing Business Awards, where the winners will gain extensive media coverage.  Organised by the Confederation of British Industry (CBI), the awards have been running for more than a decade, and seek to reward firms for excellence in every aspect of a business, including innovation, environmental impact, and customer service. According to the CBI, the winner of each award category will receive coverage on television and radio, as well as in national, regional and trade press. They will also have the right to display the name of their award on their advertising and stationery. To qualify, businesses must employ fewer than 500 people, be independently owned and based in the UK. Smal... »

Retirement at 65 could be scrapped in 2010

Businesses face the prospect of being unable to compel staff to retire at 65, after the Government brought forward plans to review the default retirement age. Under current retirement rules, employers can require staff to retire at 65 – although workers have the right to have requests to continue working considered by their employer. Businesses can also set their employee retirement age above or below 65, if a change can be justified. The Government was due to review the retirement age in 2011, but the economic climate and concern about pensions have prompted the Department for Work and Pensions to bring it forward to 2010. The Minister of State for Pensions and the Ageing Society, Angela Eagle, said: “The Government is responding to the changed economic landscape. The differen... »

Politicians must “get a grip”

Politicians must “get a grip”

Britain finds itself at a “burning platform moment”, threatened by critical issues that must be tackled urgently, Richard Lambert, CBI Director-General, warned last night. Politicians across the parties must “get a grip”, he said. Speaking at the CBI South East Annual Dinner for businesses leaders in the South East, Mr Lambert gave a stark warning of the huge, long-term problems facing the country, from rising government debt to energy security, and fast-rising youth unemployment, which require urgent attention. He criticised the apparent failure of politicians across the parties to address these huge challenges. “The time has come for our politicians to get a grip. The United Kingdom faces some of the biggest economic, social and environmental challenges of o... »

Alistair Darling

CBI calls for budget to build confidence and fairness

> Employers group warns against further significant fiscal stimulus The CBI is calling on the Chancellor, Alistair Darling, to deliver a confidence-building Budget, shaped around supporting jobs, investment and competitiveness through the recession and beyond. The UK’s leading business group is also urging him to come up with a clear and credible strategy to get the public finances back under control. Unveiling its Budget submission (177k PDF) today (Monday), the CBI is warning that the alarming state of the public finances rules out the option of a further significant fiscal stimulus, which would undermine business and institutional investor confidence in the UK. Instead, the CBI is proposing a targeted package of measures that will: under-pin confidence; boost competitiveness, empl... »

Urgent Action Needed on Jobs

Urgent Action Needed on Jobs

The CBI today (Monday) unveiled its ten-point plan to keep business working, safeguard jobs and position the economy for recovery. Ahead of the Pre-Budget Report, the UK’s leading business organisation is calling on the government to take immediate action to help struggling businesses to improve their cash flow, or risk healthy firms going under and unnecessarily prolonging the recession. With credit markets still paralysed, and consumer and business confidence at a low following the banking crisis, the CBI has identified actions the government should take now to give business and the economy an immediate boost. In a letter to the Prime Minister, the CBI calls for measures to ease cash flow to business and a fiscal boost in the Pre-Budget Report, aimed at helping firms retain their s... »

CBI urges Olympic Organisers to Involve SMEs

The Confederation of British Industry (CBI) has urged the Olympic Delivery Authority (ODA) to get more small firms involved in the 2012 London Olympic Games by raising awareness about contract opportunities. Research from the CBI revealed that 60 per cent of London firms with less than 100 employees do not expect the Olympics to directly benefit their business, and only 24 per cent believe the Games will help their firm in any way. The CBI said the Games are a once in a lifetime opportunity for UK businesses, and small firms from all sectors need to be made aware of the opportunities available. “The Olympic organisers should build on their efforts to ensure the opportunities are relayed clearly to all businesses, regardless of their size or sector,” said CBI director-general Ri... »

Business Groups Welcome Continued 48-Hour Week Opt-Out

Small-business groups have welcomed a ruling by the EU Employment Council to retain UK employers’ right to ask staff to work more than 48 hours a week, writes Tom Whitney Under the EU’s working time directive, employees are restricted to a maximum working week of 48 hours. However, an opt-out clause allows the UK to permit employees to work a longer week. The rules do not oblige employers to offer overtime or require staff to work it. The EU Employment Council ruling retains the UK’s 48-hour week opt-out, but restricts employees to working a 60 hour maximum working week, averaged out over three months so they can work longer hours in busy periods. This is a reduction from the current cap of 78 hours per week. Under the new rules, employers will not be able to ask workers ... »

CBI Predicts Slower Economic Growth

Employers’ mouthpiece, the CBI, has revised downward its predictions of growth in the UK economy. »

Capital Gains Tax move “Undermines Enterprise”

Small Business News – 11th October 2007 Hot on the heels of the Chancellor’s first Pre-Budget Report comes a response from the Confederation of British Industry (CBI). This morning (Thursday) CBI Director-General Richard Lambert sent an open letter to Alistair Darling, Chancellor of the Exchequor, expressing the business group’s deep concerns over changes to Capital Gains Ta/business-advice/finance-and-money/budget-2013-annual-tax-rates-and-allowances/capital-gains-tax.htmlx as announced in the PBR. The letter chiefly states that the change in Capital Gains Tax… "undermines the 10 year effort by this government to promote enterprise and risk-taking within the UK." Undersigned by a number of members of the CBI including Steve Sharratt, Chairman of the CBI&#... »

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