23 Quotes by John Cridland
- Author John Cridland
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UK Plc feels it has gone as far as it can in accommodating tax rises that have weakened our international competitive position. The trend we now want to see is a downward one not an upward one,
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Phase two of the emissions trading scheme would result in further hikes in energy costs at a time when firms are enduring the highest gas and electricity prices for more than a decade.
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Business investment is disappointingly sluggish and the long-term effects on the U.K. economy are really worrying our corporate members. The general view is that the U.K. is still a good place to do business, but it is not as good as it was five years ago and it won't be as good in five years time if policy continues as it is.
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There is a fine balance to be struck between security and open markets and the U.S. Congress could be about to tip that balance in the wrong direction. National security won't really be enhanced but America's economic security will be damaged as foreign investors are put off and outside expertise lost.
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It could have the perverse effect of throttling private sector investment, thereby damaging the UK economy - putting the very pension schemes the regulator is trying to protect under even more pressure.
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It is good that the Commission is allowing the opt-out to remain, but it is quite wrong to give trade unions a veto over what should be an individual decision. The proposals would undermine the individual's right to choose the hours they work.
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It is hard to see how the government can maintain its veto on nuclear new build.
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Rising raw material and energy prices have continued to push up costs and hit profits,
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The question is whether compulsion would solve the problem of a lack of saving for retirement. We don't think it will.
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