Article 6JFQN CBI tells Jeremy Hunt to focus on green investment instead of tax cuts in budget

CBI tells Jeremy Hunt to focus on green investment instead of tax cuts in budget

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Phillip Inman
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Lobby group joins calls for chancellor to resist pre-election giveaways next month and spend on projects to boost economy

A leading business lobby group has urged Jeremy Hunt to resist calls for large-scale tax cuts in his budget next month, saying the government needs to avoid short-termism" and devote spending to projects that boost the economy.

Adding its voice to a growing clamour for green investment, the Confederation of British Industry said pre-election giveaways at the budget should be kept to a minimum to allow for a surge in spending to achieve net zero.

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