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.
More Quotes from John Cridland:
There is a fine balance to be struck between security and open markets and the U. S. Congress could be about to tip that balance in the wrong direction. National security won't really be enhanced but America's economic security will be damaged as foreign investors are put off and outside expertise lost.John Cridland
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,
John Cridland
It is hard to see how the government can maintain its veto on nuclear new build.
John Cridland
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.
John Cridland
The CBI welcomes the deregulatory aspects of the Company Law Reform Bill,
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
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