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The Latest Breaking News from CBI

We may not be heading for a Swiss-style Brexit deal, but Sunak must face reality

Most of Britain’s trade is with Europe, and Brexit has crippled it, says Guardian columnist Simon Jenkins

The Guardian - UK

Rishi Sunak forced to deny Swiss-style EU deal on the cards during CBI speech

It was claimed that senior government sources have suggested pursuing the policy to enable frictionless trade over the next decade

The National (Scotland)

John Lewis boss says shoppers budgeting and deferring big purchases

Dame Sharon White said there were signs of shoppers changing their habits as a result of cost-of-living pressures.

The Independent UK

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No economic benefits from Brexit so far, David Davis admits

Former Brexit secretary blames Covid pandemic for lack of gains – six years after Leave vote

The Independent UK

Rishi Sunak rejects pleas for looser immigration rules to plug 'vast' labour gap

The PM sidestepped questions on whether he would liberalise visa rules at the CBI annual conference today - and insisted that clamping down on illegal immigration was the 'most pressing priority'

Daily Mirror

Brexit news - live: Sunak and Hunt agree ‘absolutely’ on current deal, Downing Street says

PM says he is ‘unequivocal’ about not returning to EU laws

The Independent UK

Alleged match fixing in football matches: CBI seeks cooperation of Indian football clubs

The CBI has registered a preliminary enquiry into alleged match fixing in football matches in the country, officials said Monday. Read on for details:

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Rishi Sunak rules out any new EU trade deal that undermines Brexit freedoms

‘The UK will not pursue any relationship with Europe that relies on alignment with EU laws’

The Independent UK

Business chiefs and government clash over calls for immigration to boost growth

Prime Minister set to follow CBI director general at the business organisation's conference

Insider UK

Ministers clash with business leaders over calls to open borders to help crippling staff shortages

Clash with ministers over demands to relax immigration rules to ease jobs crisis

Evening Standard

Cop27 failed on keeping global heating to just 1.5C, Ed Miliband says – as it happened

Shadow secretary for climate change and net zero accuses global leaders of ‘fiddling while the world burns’

The Guardian - UK

Clash over immigration as CBI chief accuses Rishi Sunak of having no growth plan

Call for fixed-term visas to let overseas workers fill vacancies – but minister tells business leaders to train up Britons instead

The Independent UK

UK will not ease immigration barriers to plug skills shortages, says minister

Robert Jenrick says businesses should hire local people despite CBI calling for more overseas workers to boost growth

The Guardian - UK

Oil plunges to 10-month low as Saudi Arabia ‘considers Opec+ production increase’ – as it happened

Saudi Arabia and other OPEC oil producers are discussing an output increase. WSJ reports , which could help heal rift with the Biden administration

The Guardian - UK

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The Independent UK

End Brexit rows and use immigration to solve worker shortage, CBI chief to tell MPs

‘The best guarantor of Brexit is an economy that grows. Its biggest risk is one that doesn’t,’ Tony Danker says

The Independent UK

Sunak set for speech with business leaders amid gloomy economic backdrop

Rishi Sunak will give a speech at the CBI conference on Monday.

The Independent UK

Make tough choices on Brexit and immigration to boost growth, says CBI

Senior politicians are expected to attend the business body’s two-day conference.

Birmingham Post

Autumn Statement: Businesses tell us what they want from fuel duty, energy bills to business rates

Businesses draw up their wish list ahead of the Autumn Statement on November 17

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Dynamite News

Excise case: Court grants bail to Vijay Nair, Abhishek Boinpally, sends them to 5 days ED remand in separate case

The Rouse Avenue Court on Monday granted bail to Aam Aadmi Party's (AAP) Vijay Nair and Hyderabad-based businessman Abhishek Boinpally in Delhi excise policy case. Read on for details:

Dynamite News

CBI to announce reward on 'absconding' IRS officer

The CBI will soon announce a reward of Rs one lakh for providing information on IRS officer Santosh Karnani who is absconding since October 4 after his name surfaced in Rs 30 lakh alleged bribery case, officials said. Read on for details:

The Independent UK

Fears that Jeremy Hunt’s tax-and-spend plan will send businesses into ‘hibernation’

CBI chief warns of ‘decade of no growth’ unless migration and planning rules relaxed

The Guardian - UK

CBI urges Jeremy Hunt to relax immigration rules to ease UK staff shortages

Lobby group says failure to tackle workforce shortages would be highly damaging for the economy

The Guardian - UK

An industry-friendly budget? Don’t get your hopes up

Tackling inflation and restoring credibility are top of the chancellor’s to-do list in the autumn statement. Business pleas may go unheeded

Insider UK

Tax and training reforms 'vital' to safeguard £352 billion UK retail industry

In Scotland, the sector contributes £24.7bn and supports 417,993 jobs

Al Jazeera

Iran’s embattled currency plunges to historic lows amid protests

Rial hits a new all-time low amid ongoing protests and a lack of progress on the revival of the nuclear deal.

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