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CBI's response to the Chancellor's Winter Economic Plan.

Dame Carolyn Fairbairn, CBI Director-General, yesterday said:

“These bold steps from the Treasury will save hundreds of thousands of viable jobs this winter. It is right to target help on jobs with a future, but can only be part-time while demand remains flat. This is how skills and jobs can be preserved to enable a fast recovery. 

“Wage support, tax deferrals and help for the self-employed will reduce the scarring effect of unnecessary job losses as the UK tackles the virus. Further business rates relief should remain on the table.

“Employers will apply the same spirit of creativity, seizing every opportunity to retrain and upskill their workers. 

“The Chancellor has listened to evidence from business and unions, acting decisively. It is this spirit of agility and collaboration that will help make 2021 a year of growth and renewal.”