Business lobbying group called autumn statement realistic and 鈥榠maginative鈥�

The Confederation of British Industry (CBI) gave instant praise to George Osborne鈥檚 autumn statement today, calling it 鈥溾�橮lan A Plus鈥� in all but name.鈥�

John Cridland, CBI director-general, said: 鈥淭his autumn statement works with the realities of today and provides an imaginative framework for UK businesses as it strives to secure growth and jobs. This is 鈥楶lan A plus鈥� in all but name.

鈥淸鈥 We particularly welcome the new emphasis on capital spending, and the measures to leverage private sector investment on infrastructure for roads and energy.鈥�

The business lobbying group also expressed its approval of the chancellor鈥檚 commitment to help businesses in energy-intensive industries such as construction product manufacturers.

鈥淓qually important for jobs and growth is the recognition that the UK鈥檚 energy-intensive users need help as a result of the unilateral increases in manufacturing energy costs from the carbon floor price and electricity market reform,鈥� Cridland said.

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