CBI outlines ten steps to recovery

As the risk of a harsh recession grows, the CBI says it is vital to address the problems facing businesses in order to save jobs. The CBI says its proposals to improve business cashflow, through tax cuts and credit reform, will prevent a long, severe downturn in the British economy. It has written to the Prime Minister outlining its plans. It says 'unlocking' financial markets to increase lending to businesses is seen as the most important step on the road to recovery. "The biggest threat hanging over businesses is cash flow. If they cannot get their hands on the cash and credit they ...