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Coalition lacks vision, according to CBI

THE outgoing boss of the business body CBI yesterday accused the coalition of failing to come up with policies that support economic growth.

“It’s failed to articulate in big picture terms its vision of what the UK economy might become under its stewardship,” Sir Richard Lambert said in a speech.

Sir Richard said business supported the government’s spending cuts.

But some politically motivated initiatives were damaging, he said.

The government has “taken a series of policy initiatives for political reasons, apparently careless of the damage they might do to business and to job creation”, Sir Richard said in his last major speech before his departure on Friday.

This was posted in Bdaily's Members' News section by Ruth Mitchell .