UK has a world-class IP framework, which must be maintained, says CBI

In its submission to the Independent Review of Intellectual Property and Growth, the UK’s leading business group - the Confederation of British Industry - said that the intellectual property (IP) framework is fundamental to supporting the nation’s world-class IP-intensive sectors, including pharmaceuticals, aerospace, commercial goods and the creative industries.

Copyright, a particular focus of the review, is the lifeblood of Britain’s creative industries, and should not be eroded. In the digital age, new technologies are changing how information is distributed, and we must ensure that people’s ideas are protected. Wholesale changes to the IP framework could damage confidence, reduce the incentive for further investment, and threaten growth.