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Teesside University International Business School

Let’s work together is the message from CBI President

28 October 2021

 

Regional business leaders heard the CBI President urge the Chancellor to ‘go for growth’ at a partnership event jointly delivered by Teesside University International Business School.

Lord Bilimoria with Dean of Teesside University International Business School Warren Harrison.
Lord Bilimoria with Dean of Teesside University International Business School Warren Harrison.

Speaking at the event, attended by dozens of senior business figures, Lord Bilimoria celebrated the role of North East firms in combating the pandemic, as well as highlighting opportunities for future growth.

And, in a speech delivered as the Chancellor unveiled his Autumn Budget, the CBI President urged the Chancellor to ‘leave no stone unturned’ in the search for growth and called on the Government to seize the moment by investing in UK potential, delivering levelling-up and a decarbonisation revolution.

Crossbench peer Lord Bilimoria said: “The past 18 months have challenged this region and others like never before. For so many firms, the priority has been survival. But we’ve also seen incredible acts of collaboration, innovation and selflessness across the business community.

“But serious challenges remain. As the world switches back on, there’s been a demand crunch for gas, alongside disruptions to supply that’s led to energy prices skyrocketing. A perfect storm of Brexit and Covid has intensified labour shortages. Global supply chains are being squeezed to their limits.

“Our message to Government is this: let’s unite and succeed together – working with business as a trusted delivery partner and providing concrete plans that incentivise investment.”

It was fantastic to hear from Lord Bilimoria on the great work businesses in our region are doing and how we can all work together to support growth.

Warren Harrison

“In the last century, this region was at the forefront of advancing the UK’s global, industrial success. And it’s ambitious and committed to lead once again.

“Now is the time for us to work together, make those big moves, and equip the Tees Valley and the wider North-East, its businesses and all those who live and work here, to compete and succeed.”

Lord Bilimoria was speaking at a CBI event at Crathorne Hall which was jointly organised by Teesside University International Business School and was attended by leading business figures from the region.

Warren Harrison, Dean of Teesside University International Business School, said: “We are extremely proud of our partnership work with the CBI and the opportunity to collaborate on business events such as this is vital.

“It was fantastic to hear from Lord Bilimoria on the great work businesses in our region are doing and how we can all work together to support growth.

“That ethos is mirrored by the work of our Business School and we are committed to working in collaboration to strengthen our economy, provide opportunities and deliver excellence.”