CBI admits error in £196bn price tag for Labour plans

Party demands apology from lobby group for using ‘fabricated false information’ on nationalisationThe Confederation of British Industry has admitted it exaggerated the “eye-watering” £196bn price tag that it claimed Labour’s nationalisation plans would cost.In an email exchange between Labour and the CBI, seen by the Guardian, the UK’s foremost business lobby group told the party it recognised that some of its analysis did not reflect the party’s p