British business lobby group, the CBI, on Monday hit out over the Labour government's tax hikes on firms, saying the "heavy burden" risked cuts to hiring and investment. The CBI cancelled last year's annual conference after being caught up by allegations of sexual misconduct at the lobby group.

British business lobby group, the CBI, on Monday hit out over the Labour government's tax hikes on firms, saying the "heavy burden" risked cuts to hiring and investment. The CBI cancelled last year's annual conference after being caught up by allegations of sexual misconduct at the lobby group.