Speaking at the Confederation of British Industry (CBI) conference in Birmingham yesterday, Mr Sunak said he wanted to make Britain a “beacon” for the “best and brightest” as well as focusing on innovation
But he said the PM only began to lay out his vision for a “new approach” in a speech to the CBI’s annual conference yesterday, as he called for more detail to help businesses invest with confidence.Responding to Mr Sunak’s speech at the CBI, Matthew Lesh, Head of Public Policy at free market think tank the Institute of Economic Affairs, said:"Britain's prosperity will not come from the benevolence of Rishi Sunak, but rather, from our creators, thinkers, and entrepreneurs.
“Promoting innovation is a worthy cause to take up, but innovation is not just about more funding for R&D - fundamentally, innovation depends on us building. The Labour leader will signal in his speech at the CBI that he would be willing to accept increased skilled immigration on the path to his vision of ending the “low pay model”.“We will expect you to bring forward a clear plan for higher skills and more training, for better pay and conditions, for investment in new technology,” he is expected to tell business leaders gathered in Birmingham.
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