INTRODUCTION
and produced the vision document Securing our Future – a set of strategic recommendations on the long-term direction for UK pensions.
• on a lighter note, then-chief economic adviser Ian McCafferty (now a member of the Monetary Policy Committee) led his team to victory over The Royal opera house on BBC2’s University Challenge.
2005 • The CBI launched its Business Agenda setting out the top 10 priorities for the new government, calling for immediate action on pensions and climate change, together with long-term investment in skills, transport, and science and innovation.
• The CBI opened an office in China and prepared for the World Trade organization summit that took place at the end of the year.
2006 • The CBI welcomed what it called individual business-friendly steps in the Budget, but warned that the package fell short of the boost for UK competitiveness that business was seeking.
• Richard Lambert, former editor of the Financial Times and a member of the Bank of England’s Monetary Policy Committee, took over as CBI director-general on 1 July after spending a month travelling the country and hearing the views of CBI members.
2007 • The CBI’s new Climate Change Task Force was established to investigate the role business could play in tackling global warning.
• As the financial crisis started to hit the UK, Richard Lambert called for the government to provide “well-targeted, controlled and time-limited fiscal stimulus in the immediate future” while focusing on cash flow for small firms.
2008 • The CBI opened for business in New Delhi, India. • In its report Just What the Patient ordered, the
CBI warned that restricted opening hours, difficulty in booking appointments and limited services on offer in many doctors’ surgeries resulted in millions of lost working days and was detrimental to people’s health.
2009 • The CBI launched the report of its higher Education Task Force, which brought together representatives of business and universities. It said the rapid rise in student numbers, coupled with a severe strain on public finances, made current public funding levels unsustainable.
• Steve Ballmer, the CEo of Microsoft, gave the CBI Annual Lecture, focusing on ways in which businesses from all sectors could not only survive tough times but continue to thrive despite the challenges of the worldwide downturn.
2010 • The CBI report on skills, Fulfilling Potential: The Business Role in Education, called for a renewed focus on science, technology, engineering and maths qualifications, as well as improvements in basic skills.
• In Room at the Top, the CBI called on listed firms to improve boardroom diversity by using the UK Corporate Governance Code on a “comply-or-explain” basis rather than on internally set targets. This influenced the subsequent decision by Lord Davies to argue against quotas.
2011 • New director-general John Cridland leads the CBI’s campaign to gain support for medium- sized businesses and increase trade produced results, with the £1 billion Business Finance Partnership and other policies to support exports, as recommended by the reports Future Champions and Winning overseas: Boosting Business Export Performance.
• The CBI’s Action for Jobs: Getting the UK Working report set out ways unemployment
could be reduced, including improvements to the education and skills systems.
2012 • Ideas to support high-growth exporters, put forward in the CBI’s Financing for Growth report, led to a commitment by government to a business bank that would bring all existing access to finance schemes under one roof.
• The CBI’s First Steps report, setting out a new approach for schools, found favour across the education establishment with calls for a greater focus on developing more rounded and grounded young people.
2013 • The CBI released the landmark report our Global Future: The Business Vision for a Reformed EU, an apolitical analysis of the advantages and disadvantages of the UK’s EU membership, which concluded that the UK should remain in a reformed Europe.
• CBI president Sir Roger Carr hosted the presidents of national business federations from across the G8 in London, where they met Prime Minister David Cameron and Business Secretary Vince Cable to discuss tax, trade and transparency.
2014 • CBI hQ moves into modern, steel-and- glass offices in Cannon Place, London.
• The CBI highlighted the need to safeguard Britain’s supply chains, saying targeted action to revitalise domestic supply chains could inject £30 billion into the economy by 2025, creating more than half a million jobs.
• The CBI’s major report A Better off Britain set out how business and government could work to improve the lives of low-income/ working families by making growth work for everyone.
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