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Future of British Business

Tory Contenders Should Avoid Tax Cuts That Are ‘Doomed to Fail’, Warns CBI

Conservative leader contenders should focus on long-term growth policies and not tax cuts that are "doomed to fail", the CBI business group has warned.

In an open letter to candidates launching their leadership bids to become the next prime minister, CBI director general Tony Danker urged them to "develop serious, credible and bold plans for growth".