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19 February 2016

  |  CBI Press Team

News

CBI responds to EU reform deal

The CBI has responded to the announcement of an EU reform deal secured by the Prime Minister.

Carolyn Fairbairn, CBI Director-General, said:

“UK businesses want to see changes to the EU that will put Europe on the path to a more competitive and prosperous future - the Prime Minister’s reform package looks to be a major step forward on that journey.

“Being part of the Single Market guarantees businesses tariff-free access to 500 million consumers in Europe and is a cornerstone of the UK’s economic success.

"These reforms protect the UK’s place and influence inside this important market and a renewed focus on EU competitiveness will help British firms succeed in creating jobs and economic growth at home in the years ahead. Firms will particularly welcome a commitment to reduce unnecessary regulation. 

"Most CBI members – though not all – have told us that being in a reformed EU is better for jobs, growth and prosperity. With a final deal now in place, we will consult our members to ask for their views once again.”

 

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