Against this background firms are cutting back on their investment plans and expect the rate of job losses to increase.
More Quotes from John Cridland:
The temptation to overwhelm them with unjustified employment law, just to placate the trade union movement, must be resisted.John Cridland
In Europe, we're seeing a wave of so-called economic patriotism. Protectionism is pernicious, pervasive, the ill-conceived political response to globalization and on the increase.
John Cridland
There is also a real danger that providers will create structures for artificial reasons to get around arcane rules governing market entry, rather than creating partnerships that add public value.
John Cridland
It is good that the Commission is allowing the opt-out to remain, but it is quite wrong to give trade unions a veto over what should be an individual decision. The proposals would undermine the individual's right to choose the hours they work.
John Cridland
It welcomes new powers for shareholders to vote through proportionate liability for auditors, which should result in a fairer sharing of the burden between companies and their auditors.
John Cridland
Business investment is disappointingly sluggish and the long-term effects on the U.K. economy are really worrying our corporate members. The general view is that the U.K. is still a good place to do business, but it is not as good as it was five years ago and it won't be as good in five years time if policy continues as it is.
John Cridland
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