CBI demands £2bn boost for business in Philip Hammond's budget

Employers' organisation seeks help before Brexit on investment, skills and business rates

The CBI has demanded that Philip Hammond use the budget on 29 October to prepare companies for a post-Brexit future with a 2bn package of measures to bolster investment, raise skills and ease the burden of business rates.

The employers' organisation said action was needed to lift Britain from the bottom of the G7 league table and it was time for the chancellor to "put warm words for business into action - no ifs, no buts."