08-04-2016, 03:52 AM
He also responded to warnings from the new Chancellor, Phillip Hammond, that the vote had had a "chilling effect" on business confidence and investment, stating that Next had no plans to change its own investment plans.
The peer called on the new prime minister to set the UK's direction of travel towards an open, competitive and global economy. If that happens, investment will follow at home and from abroad.
It's not clear that the new prime minister is in the mood to do the bidding of business leaders.
Theresa May has made them an early target in her opening salvos.
High executive pay, the narrow gene pool from which directors are drawn, rapacious takeovers and low worker wages have all featured on her hit list as she tries to reach out to voters who feel left out of the UK's economic success.
"It's not anti-business to suggest that big business needs to change," said the PM.
She wants to put employee and consumer groups in the boardroom and have annual binding votes on bosses pay.
Lord Wolfson said whether or not this "rhetoric" became reality would make little difference to the UK economy. "If it happens, it happens, but to do that and that alone would miss the big opportunity, which is to liberate our housing, road building and energy sectors. These are the things the country really needs."
The new PM is taking a tough line on business. but she'll also need to keep them on side if they are to do their bit to shore up confidence in a post-Brexit economy.On the list of organization world's most notable campaigners for Brexit has informed the BBC that a giant reduction in immigration will hurt the united kingdom economic system.
Lord Wolfson, chief govt of Subsequent, mentioned: "Any go to scale back immigration on the tens of hundreds will be incredibly dangerous to the overall economy."
It appears, at the beginning, similar to a curious point for any Leave voter to say.
But Lord Wolfson insists that immigration was not the real key situation for numerous who wanted away from the EU.
Now the end result is in, Moncler Sito Ufficiale he hopes new alliances can be struck concerning associates of either side that may be excellent for small business.
Talking solely for the BBC, Lord Wolfson explained: "I believe we should always attain some regulate but we can easily either try out and trade our way out of this mess or we can try and defend ourselves by erecting obstacles to trade and motion of individuals. If we consider and guard our way from this, we are doomed."
That could be excellent for enterprise,Uomo Moncler Gilet but lots of voters will think that just isn't the prospectus they were being offered by a Leave campaign that he sided with.
I set it to him that if immigration is not really lessened beneath one hundred,000 inside of a few years time, a lot of voters will really feel betrayed. "I voted Depart and i undoubtedly will not likely experience betrayed - you simply really have to go into our hospitals along with otherPiumini Moncler Down Uomo Nuovo Scuro Blu companies to view the important function immigrants enjoy within our place."
The peer called on the new prime minister to set the UK's direction of travel towards an open, competitive and global economy. If that happens, investment will follow at home and from abroad.
It's not clear that the new prime minister is in the mood to do the bidding of business leaders.
Theresa May has made them an early target in her opening salvos.
High executive pay, the narrow gene pool from which directors are drawn, rapacious takeovers and low worker wages have all featured on her hit list as she tries to reach out to voters who feel left out of the UK's economic success.
"It's not anti-business to suggest that big business needs to change," said the PM.
She wants to put employee and consumer groups in the boardroom and have annual binding votes on bosses pay.
Lord Wolfson said whether or not this "rhetoric" became reality would make little difference to the UK economy. "If it happens, it happens, but to do that and that alone would miss the big opportunity, which is to liberate our housing, road building and energy sectors. These are the things the country really needs."
The new PM is taking a tough line on business. but she'll also need to keep them on side if they are to do their bit to shore up confidence in a post-Brexit economy.On the list of organization world's most notable campaigners for Brexit has informed the BBC that a giant reduction in immigration will hurt the united kingdom economic system.
Lord Wolfson, chief govt of Subsequent, mentioned: "Any go to scale back immigration on the tens of hundreds will be incredibly dangerous to the overall economy."
It appears, at the beginning, similar to a curious point for any Leave voter to say.
But Lord Wolfson insists that immigration was not the real key situation for numerous who wanted away from the EU.
Now the end result is in, Moncler Sito Ufficiale he hopes new alliances can be struck concerning associates of either side that may be excellent for small business.
Talking solely for the BBC, Lord Wolfson explained: "I believe we should always attain some regulate but we can easily either try out and trade our way out of this mess or we can try and defend ourselves by erecting obstacles to trade and motion of individuals. If we consider and guard our way from this, we are doomed."
That could be excellent for enterprise,Uomo Moncler Gilet but lots of voters will think that just isn't the prospectus they were being offered by a Leave campaign that he sided with.
I set it to him that if immigration is not really lessened beneath one hundred,000 inside of a few years time, a lot of voters will really feel betrayed. "I voted Depart and i undoubtedly will not likely experience betrayed - you simply really have to go into our hospitals along with otherPiumini Moncler Down Uomo Nuovo Scuro Blu companies to view the important function immigrants enjoy within our place."