Leader of the Liberal Democrats Jo Swinson will be making a speech to business leaders at the CBI annual conference. She will be making the case that the Liberal Democrats are the natural party of business.
Jo Swinson is expected to say:
In an interview last week,
Carolyn asked who the party of business is today.
The answer is clear. The Liberal
Democrats are the natural party of business.
With the Conservatives in the
pocket of Nigel Farage and Jeremy Corbyn stuck in the 1970s, we are the only
ones standing up for you.
Because we believe that any form
of Brexit, whether it’s hard or soft, blue or red, will be bad for jobs,
business, and our public services.
We believe that being part of one
of the most successful economic blocs in the world is the best guarantee we can
have for the future success of our businesses and of our country.
We believe that our best future
is as members of the European Union.
……
I know that recent years have
been challenging – and not just because of the dreaded B-word.
The Conservatives hide behind the
balance sheet and employment rates to paint a picture of a healthy economy.
But you and I know that, if we
look more closely, the image is not quite as rosy as they would have us
believe.
After all, we know that Boris
Johnson is hardly a details man.
It’s a bit like when you ask your
child to tidy up their room – the room might look clean, but you know you’ll
find a mess hidden under their bed.
So let’s take a closer look at
the health of our economy.
Last year, business investment
fell every quarter, for the first time since 2008.
In the last 12 months, our
productivity growth has flatlined.
And R&D spending continues to
lag behind that of our competitors.
That’s not what a healthy economy
looks like.
And for too many people, the
economy just isn’t working at all.
Despite record levels of
employment, the average wage is £760 lower than it was ten years ago in real
terms.
One in five people is living in
poverty, in our country – the world’s fifth largest economy.
The vote to leave the European
Union has distracted the government from addressing the very real issues in our
economy.
Over the last couple of weeks,
both of the Conservatives and Labour have set out their plans for investing in
schools, hospitals, railways, and everything in between.
Build infrastructure, and the
jobs, tax receipts and economic growth will follow.
Seems like sound logic, but it is
not that straightforward.
To spend that much money that
quickly, we need ‘shovel-ready’ projects.
We need the skills and people to
make them happen.
And we need you to feel
confident, to want to invest, safe in the knowledge that the government of the
day values you and respects you.
Leaving the European Union makes
all that so much more difficult.
Already EU citizens have started
to leave us.
We know it will only become
harder for you to get the talent you need.
And we know that business
confidence is at its lowest level in seven years.
Both the Conservatives and Labour
will have to scramble around for projects to pour money into just to keep their
word – regardless of whether they’re good projects and good use of public
funds.
So they can stand on stages like
this one and give speech after speech, making all the right noises about
investment, about wanting to work with you and give you what you need to
thrive.
But the truth is this.
If you want to get Brexit done or
get Brexit sorted, you are not the party of
business.