TRADE is the way back to growth for the UK, the director-general of the Confederation of British Industry (CBI) told an audience in Grantham.
Lincolnshire-educated John Cridland was addressing an annual directors’ briefing organised by chartered accountants and business advisers Duncan & Toplis at Belton Woods Hotel last Wednesday.
He told those gathered: “Here in the UK we need to rediscover our habits as a trading nation.
“The world’s emerging economies want branded goods and services.”
Mr Cridland, who believes growth will be driven by export to non-Eurozone countries, predicted that the private sector would drive growth in the UK economy and spoke out in support of Lincolnshire’s number one industry - agriculture and farming.
He said: “We must support successful parts of the economy, such as agri-business, as well as the likes of car manufacturing and aerospace among others.”
He also spoke of the need for greater infrastructure investment in the rural economy – in broadband, transport and housing – to help kick-start the economy.
Mr Cridland was just one of the headline speakers at the directors’ briefing, which was attended by well over 100 senior business people. Other speakers were Jane de Lozey, joint head of fraud at the Serious Fraud Office, Sleaford and North Hykeham MP Stephen Phillips, NatWest market strategist Neil Parker, cybercrime expert Dibble Clark from 3SDL and Nick Smith, a tax partner at Duncan & Toplis.
Chairman of Duncan & Toplis Peter Townsend, who also chaired the briefing, said: “We were delighted with this year’s event. The speakers proved a great draw and it was fascinating to hear the insights they offered.
“We’ve had excellent feedback from our delegates, who went away with very useful information.”