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Devolution 'rush' warning on growth from CBI leader Devolution 'rush' warning on growth from CBI leader
(35 minutes later)
Rushing to give more power to the UK's nations and regions could damage growth, a business leader has warned.Rushing to give more power to the UK's nations and regions could damage growth, a business leader has warned.
CBI director general John Cridland said firms want proof that devolution would boost jobs and cut red tape.CBI director general John Cridland said firms want proof that devolution would boost jobs and cut red tape.
Devolution must be "careful, considered and transparent", not done in "rushed backroom deals between politicians and civil servants", Mr Cridland said.Devolution must be "careful, considered and transparent", not done in "rushed backroom deals between politicians and civil servants", Mr Cridland said.
He also warned that different tax rates across the UK could create unhealthy competition, harming inward investment.He also warned that different tax rates across the UK could create unhealthy competition, harming inward investment.
Business leaders want to play a "constructive role" in the debate over the transfer of powers from Westminster to the UK's nations and regions, Mr Cridland told an event run by think tank IPPR North in Manchester on Thursday.Business leaders want to play a "constructive role" in the debate over the transfer of powers from Westminster to the UK's nations and regions, Mr Cridland told an event run by think tank IPPR North in Manchester on Thursday.
But he added: "Business needs greater clarity - both around existing devolution settlements and the potential new powers on offer."But he added: "Business needs greater clarity - both around existing devolution settlements and the potential new powers on offer."
He called for the leaders of devolved governments to promote "pro-growth" policies and for local council leaders to work more closely with neighbours in combined authorities.He called for the leaders of devolved governments to promote "pro-growth" policies and for local council leaders to work more closely with neighbours in combined authorities.
Jo Ashburner, chief executive of Red Dragon Flagmakers in Swansea, said she was "cautious" about deadlines on devolution, such as Welsh Secretary Stephen Crabb's call for the parties to agree a common plan by St David's Day.
"A national identity is one thing, business is another and for a business to succeed we have to work cross-border."