Pound hits 14-month low against dollar as CBI hits out over ‘hole in confidence’
by Jasper Jolly from on (#6TH87)
Business group's chair says government changes could prompt quite an ugly rush' of job losses
The head of Britain's biggest lobby group has accused the government of damaging business confidence and trust", as the pound hit a new 14-month low against the US dollar.
Rupert Soames, the chair of the Confederation of British Industry (CBI), criticised the measures being introduced by the government.
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