CBI
MPs voted in favour of the controversial expansion plans
Business leaders need a stable, pro-enterprise environment to fuel investment, innovation and competition in the energy sector. The CBI says this will play an essential role in helping the UK grow out of austerity. The industry organisation suggests the government should step up support for low carbon investments by setting a clear and regular pipeline […]
Prime Minister Theresa May has pledged £2 billion of additional investment per year for science and technology research and development (R&D) by the end of this Parliament. The funding will be focused on fields such as artificial intelligence, industrial biotechnology and advanced materials manufacturing, all believed to be vital as the UK moves towards a […]
A staggering 83% of infrastructure firms aren’t confident in the UK’s ability to meet the requirements of the COP21 Paris Climate Change Agreement. That is according to a new CBI survey of 728 companies. Nearly three quarters of firms and four fifths of manufacturers said improving the security of energy supply was an important long term goal for their […]
Hinkley Point C is a nuclear project which has been in UK Governments’ agenda since 2006 but do we still need the nuclear plant to be built to secure our energy system? According to Michelle Hubert, Head of Energy and Climate Change at the Confederation of British Industries (CBI), Hinkley “would be an important […]
A new partnership to drive the development of low carbon finance and help address sustainability and climate challenges has been announced. The Climate Bonds Initiative (CBI) and the World Council for Sustainable Development (WBCSD) have signed a Memorandum of Understanding (MoU) to work together on the development of the corporate green bond market. They consider […]
The National Infrastructure Commission must focus on long-term planning to tackle the challenges the UK’s energy sector will face in the next decades. That’s according to a report by the CBI which named key areas the commission should prioritise to secure low carbon energy supply. It suggests the commission should embrace the circular economy, by […]
Businesses are calling for clear leadership and stable energy policies to ensure future capacity in the country. In an open letter to the government released by business lobby group CBI, they ask the Tory administration to deliver clear leadership to guarantee new capacity is affordable for firms and consumers. The letter signed by 18 companies […]
Getting more planes in the air doesn’t necessarily mean trashing “green” business aims, the trade body CBI claimed today. Debate has raged over the need for more air links abroad, with various plans for a new runway and even a new airport put forward. Called ‘Flying High’, today’s report by the CBI finds each extra […]
The investigation into competition in the energy market is “likely to be painful in the short term” but could lead to a better relationship between consumers and industry, according to economists. Frances Warburton, Economic Advisory Director at EY suggests the inquiry should provide “some much needed respite from the relentless point scoring over the energy sector […]
