United Kingdom business group warns patience running out on Brexit

Marsha Scott
July 6, 2018

Some members of the United Kingdom government have downplayed the corporate warnings.

United Kingdom companies are at "breaking point" over the lack of clarity on Brexit, and are slowing down their investments as they await answers to key questions surrounding Britain's departure from the European Union, one of the country's main business lobby groups said. "At Chequers [Mrs May] must stick to her righteous cause and deliver what she has said she would, she must use her undoubted grace to persevere".

A major British business group says companies need answers over post-Brexit relations with the European Union, as Prime Minister Theresa May tries to unite her feuding government around a common vision for future trade with the bloc. "The ideological right are a minority despite their noise, and should pipe down", he said.

North Dorset MP Simon Hoare said "the hectoring nonsense" and "blackmail" had to stop and urged his party to wake up to the potential "calamity" of a Jeremy Corbyn-led government.

Mr Hammond, responding to a question from Tory former minister Bob Neill in the Commons, said: "I think the views of business, which is the great generator of employment and wealth and prosperity in our country, should always be taken very carefully into account".

Conservative MP Nicholas Soames described Mr Rees-Mogg on Twitter as "all gong and no dinner".

"All of us, we are Irish", concluded former Luxembourg prime minister Juncker, this time speaking in English.

"A vote of no confidence in the leadership called on this issue would in all probability rally the sensible middle to the Prime Minister". "I am sure that she will deliver a Brexit that is entirely consistent with the promises she has made".

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A government official said he would not comment on speculation before the meeting. Their personal finances may be insulated from the shockwaves no deal would bring, but ordinary families up and down the country would pay a cruel price. The union has backed a motion saying it is "open' to the idea of people having a vote on any Brexit deal".

The Times of London reported Monday that a senior civil servant in the department overseeing negotiations with the EU had briefed ministers on the dire situation, telling them they had no chance of a bespoke trade deal in which British companies would have privileged access to the European market.

Despite the principle of Cabinet collective responsibility, Johnson, who was the figurehead of the Leave referendum campaign, appeared more sympathetic to the backbencher than the Prime Minister.

"Details of the new plan have not been revealed publicly but senior ministers will discuss it at Chequers, the prime minister's country retreat, on Friday".

This week sees yet another supposedly critical meeting in the continuing saga of the UK's attempt to leave the EU.

Both options have been dismissed by the EU.

Earlier in the session a smile flashed across the Chancellor's face when Labour former minister Chris Leslie asked Treasury ministers if they knew what the "mythical third customs plan" was.

Other reports by MaliBehiribAe

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