UK PM, Labour make election pitch to business

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Confederation of British Industry chief executive Carolyn Fairbairn warns that 'extreme ideology' on both sides is weighing on business confidence.

PITCH. Britain's Prime Minister Boris Johnson speaks at the annual Confederation of British Industry conference in central London, on November 18, 2019. Photo by Ben Stansall/AFP

"The worst thing now is the continuing economic uncertainty," he said, admitting that growth – 0.3% in the last quarter – was not as good as it could be. Johnson said this would free up £6 billion to be spent on"the priorities of the British people," including the state-run National Health Service .WOOING BUSINESS. Britain's Labour Party leader Jeremy Corbyn speaks at the annual Confederation of British Industry conference in central London, on November 18, 2019. Photo by Ben Stansall/AFP, but are wary of the threat posed by leftist leader Corbyn at the last election in 2017.

At the same meeting, CBI chief executive Carolyn Fairbairn warned that"extreme ideology" on both sides was weighing on business confidence. The prime minister has since agreed a divorce deal with the bloc, but it has not yet been ratified by parliament and the risk of"no deal" remains.

 

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