Business overtures towards Labour may only flatter to deceive
Article Abstract:
The Confederation of British Industry has been finding it extremely difficult recently to maintain political neutrality, and has attracted considerable criticism for making political statements. It has alienated the Conservative party by stating that the gap between the Conservative and Labour parties has narrowed, and has caused concern to some of its members by appearing to favour the Labour party. Business donations from business to the Labour party have risen slightly, but this does not necessarily indicate that business opinion is moving on a large scale towards the Labour party.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1995
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Brutal push that could discredit private finance for public projects
Article Abstract:
Most businesses in the UK have a rather negative view of the government's Private Finance Initiative (PFI), which is designed to attract private funding into schemes which have previously been paid for directly from taxes. Many businesses now believe that the PFI is no more than an initiative to disguise the fact that the government is cutting spending on areas such as hospitals and education. The PFI is being hampered by bureaucracy, and therefore cannot fill the gaps left by reduced public spending.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1995
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Cadbury bandwagon rolls to a halt
Article Abstract:
The Cadbury Committee, which investigated corporate governance, led to a significant rise in disclosure and in the power of non-executive directors. However, the Stock Exchange, the Confederation of British Industry and the Institute of Directors are keen to ensure that investigating corporate governance is not taken to extremes. In response to this, the Cadbury Committee Mark II has decided to focus on consolidation, rather than on making further changes.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1995
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