Quote of the day

"Immigration has been and is part of the solution to the skills shortages faced by the UK but it is clear that there is a disconnect between the experiences of businesses and the public at large. In some areas, concerns about immigration have become a substitute for frustrations with living standards. Business has a vital role to play in ensuring the debate is based on the facts whilst recognising the genuine concerns of the public around immigration."

Hats off to CBI president Sir Mike Rake for having a subtle jab at the small-mindedness of UKIP and their supporters while speaking at his organisation's conference - small-mindness that flies in the face of the economic facts. Hopefully David Cameron (also in attendance) was taking note.