WIREDGOV

The CBI responded to the Bank of England’s November Inflation Report.

Katja Hall, CBI Chief Policy Director, said:

“The Bank’s forecast confirms businesses’ view that the UK economic recovery is on track.

“But there are still hurdles to overcome before growth gets back to a sustainable level, including boosting business investment and trade.

“Activity in these areas should begin to pick up next year and to support this we need the Government to maintain a stable business environment, invest in infrastructure and help firms to sell their products and services around the world.”