Pladis CEO Criticizes UK Investment

This is a UK news story, published by The Times & The Sunday Times, that relates primarily to Salman Amin news.

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major investor

The Times & The Sunday Times

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McVitie’s boss: We’re losing taste for investing in Britain

Summary

Nutrition label

67% Informative

Salman Amin , the head of Pladis , said his view of the UK ’s investment appeal had worsened.

The head of the CBI said the budget has made it harder for businesses to take a chance’ on hiring people.

Rain Newton-Smith said that measures announced by Rachel Reeves last month were undermining the government’s mission to get people back into jobs.

She said business will be key to getting nine million working-age people who are out of the labour force back into work.

Work and pensions secretary confirmed reports last week that people aged 18-21 would lose their benefits if they refused work and training opportunities.

Labour has pledged to reduce the welfare bill by 3 billion over five years through the package of reforms.

Jobcentres will be transformed from a one -size-fits-all benefits administration service into a public employment service available to anyone.

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Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

not offensive