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The Independent UK
The Independent UK
Business
Alex Daniel

CBI boss says Labour has ‘bruised’ trust of businesses after Budget

The Chancellor has ‘bruised’ business confidence by expecting companies to help fill the hole in public finances, the chairman of the CBI has said (Dan Kitwood/PA) - (PA Wire)

The Chancellor has “bruised” business confidence by expecting companies to help fill the hole in public finances, the chairman of the Confederation of British Industry (CBI) has said.

Rupert Soames said business leaders are less likely to employ people in the current climate.

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