John Cridland
John Cridland
John Cridland, CBEwas the tenth Director-General of the Confederation of British Industryfrom January 2011 to November 2015...
damaging effect gets pension perverse private protect putting schemes sector thereby trying uk
If the regulator gets this wrong, it could have the perverse effect of throttling private sector investment, thereby damaging the UK economy, putting the very pension schemes the regulator is trying to protect under even more pressure.
business economic ensure few measures moment needed next stability undermine
This is a very important moment for the government's economic policies. Measures are needed that will ensure economic stability over the next few years and not undermine business growth,
aspects company law reform
The CBI welcomes the deregulatory aspects of the Company Law Reform Bill,
adopt aggressive business companies compelled funding impact plans regardless scheme
As it stands, (pension) trustees will feel compelled to make companies adopt aggressive new funding plans regardless of the impact on the business or on scheme members.
contribute employers equitable forcing neither nor
Forcing employers to contribute is neither fair, nor equitable or sensible.
attempt compromise
This is an attempt to broker a compromise that has completely backfired,
against background cutting expect investment job losses plans rate
Against this background firms are cutting back on their investment plans and expect the rate of job losses to increase.
employment overwhelm temptation trade union
The temptation to overwhelm them with unjustified employment law, just to placate the trade union movement, must be resisted.
business credible decisions depend government nature relationship takes
The going is getting tougher. The relationship will depend on the nature of the decisions the government takes and how credible they are with the business community,