CBI calls for less employment regulation

Digby Jones, director general of the CBI, has warned that the decisions made in the first months of the next government could make or break the UK’s reputation as the business location of choice.

Speaking at the Institute of Directors Annual Convention at the Royal Albert Hall yesterday, Jones called for less employment regulation so that UK companies could compete with Europe, America and the developing economies in India and China.

“The election victor… must ensure that our flexible labour markets, the single most important factor in determining where globally mobile companies locate, are not eroded,” he said.

“As they decide how to vote on 5 May, company directors, managers and employees will be asking themselves which party is prepared to step up to the plate on the big decisions that will shape the business environment of the next five years,” Jones said.

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