CBI Chief Economist Talks Job Cut Expectations

Firms across Britain are "in damage control" with nearly half planning to cut jobs after the Labour government's tax-rising budget, according to the boss of the country's most influential business lobby group. Around six in 10 businesses told the the Confederation of British Industry that the budget would not make the UK more attractive for investment, a key aim of the Labour government as it tries to boost growth. CBI Chief Economist Louise Hellem joined Bloomberg Radio's Stephen Carroll and Caroline Hepker to discuss business concerns.

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