Business chief urges green growth to boost economy as forecast warns of deeper recession

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As a respected economic forecaster warns output this year could fall by more than expected, the CBI's chief executive is due to call on the chancellor to help firms invest in uncertain times.

Britain's biggest employers' group is urging the government to take"big decisions" on boosting growth as a prominent forecaster warns that the country may be facing a deeper recession than it had expected.

Tony Danker will argue that the country is lagging behind international rivals in the sphere - and that Jeremy Hunt's looming spring budget provides an opportunity for government to help business achieve it.He is also seeking new regulation to stimulate domestic demand for green technologies. A permanent successor to the super deduction tax that ends in April is needed to prevent the UK from dropping from fifth to 30th place among the 38 Organisation for Economic Co-operation and Development advanced economies for capital investment, Mr Danker was also expected to say.. The ideas are there. Let's stop second guessing ourselves and get on because there is money on the table to capture right now.", may see a deeper downturn than initially expected.

"The UK's economic outlook has become gloomier than forecast in the autumn, and the UK may already be in what has been one of the mostly widely anticipated recessions in living memory," said EY's UK chair Hywel Ball.

 

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tonydanker He is still a Tory supporting Danker.

CBI Employers could invest more in professional qualifications for their staff.

The CBI have noticed the party they support isn't really any good?

What a mess the Tories have made over the past 12 years in power. They have shown that they are incapable but corruptible.

Need to pay hard-working people a decent wage so they don't have to pinch their pennies and start spending money in the economy NO MONEY = NO ECONOMY

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