Invest for the future Business priorities for Autumn Statement 2016

Businesses are calling on the Government to set out an ambitious pro-enterprise agenda that capitalises on the UK’s core economic strengths.

The CBI is proposing:

1. An increase in average Public Sector Net Investment spending this Parliament to 2% of GDP.

This would increase average annual public investment by £6 billion.

2. Fast delivery of over £425 billion worth of planned infrastructure investments with clear timeframes and implementation plans.

3. Increase the Annual Investment Allowance – a vital allowance for mid-sized firms -to £1 million until the end of 2018 to increase the attractiveness of near term investment

4. Use business rates to incentivise productive investment – especially from our manufacturers - by exempting new plant and machinery investments from rates bills and bringing forward the RPI to CPI switch

5. Double funding for Innovate UK and super-charge the R&D tax credit system by 50% for firms not only researching, but developing new products here in the UK

5. Commit publicly to a long-term target for R&D spending of 3% of GDP

What would you like to see out of the Autumn Statement?

Made with Adobe Slate

Make your words and images move.

Get Slate

Report Abuse

If you feel that this video content violates the Adobe Terms of Use, you may report this content by filling out this quick form.

To report a Copyright Violation, please follow Section 17 in the Terms of Use.