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By any country in europe. and its rate is more than three and a half times that of england and wales. borisjohnson has said his levelling up agenda is a moral mission and that the older he gets, the more idealistic he becomes. he was speaking at the annual conference of the employers organisation, the cbi. our business correspondent, theo leggett, is here. theo, what was big business s message to the prime minister? for many things, but i think you can sum up what they ve said today is words needing to be backed up with action. the cbi conference is a major set piece event that allows business to talk directly and publicly to the prime minister and this year the director general of the organisation, tony danko, set out how the investment in growing sectors, like biotechnology, cybersecurity, climate friendly technologies, could create a new industrial revolution and bring new wealth to poorer parts of the country, in line with the government s levelling up agenda, ....
To take sought the problem is, it is going to take government and business together to take government and business together getting through all of this together getting through all of this i together getting through all of this. i realise it is party conference weeks are not going to say too conference weeks are not going to say too much but let s get round the table say too much but let s get round the table and say too much but let s get round the table and sort them out. table and sort them out. there is a diilomat table and sort them out. there is a diplomat in table and sort them out. there is a diplomat in your table and sort them out. there is a diplomat in your future, table and sort them out. there is a diplomat in your future, i - table and sort them out. there is a diplomat in your future, i think. . diplomat in yourfuture, i think. tony danko, plenty more reaction and analysis to the chancellor s speech and everything else going on around here throughout ....
Problems over christmas, do we see shortages on the selves on the shelves, or is it what ligament sees as a longer term economic transition? let s continue analysis in this frame. we can talk to tony danko, the chairman of the cbi. nice to talk to you, afternoon to you. what did you make of what we heard from the chancellor? i what did you make of what we heard from the chancellor? from the chancellor? i think it was a iood from the chancellor? i think it was a good speech. from the chancellor? i think it was a good speech, he from the chancellor? i think it was a good speech, he talked - from the chancellor? i think it was a good speech, he talked about i from the chancellor? i think it was | a good speech, he talked about the present a good speech, he talked about the present day and securing the jobs in the economy, that has been his watch work all the economy, that has been his watch work all the the economy, that has been his watch work all the way through and then he ....
Demand businesses and shops, and that demand drives economic growth. if you leave demand drives economic growth. if you leave money in the hands of the super you leave money in the hands of the super wealthy they stash it away in offshore super wealthy they stash it away in offshore tax havens, and that doesn t offshore tax havens, and that doesn t help anybody. so we do need a fair doesn t help anybody. so we do need a fair taxation system. it is why the tuc a fair taxation system. it is why the tuc has been calling for an equalisation of capital gains tax on the wealthy, so that they pay the same the wealthy, so that they pay the same rate the wealthy, so that they pay the same rate. thatjust seems fair. we would same rate. thatjust seems fair. we would also same rate. thatjust seems fair. we would also fund our public services. tony danko would also fund our public services. tony danko from the cbi will say later that capital gains tax, for example, more corpora ....