Live Comments Businesses respond to UK PM May: Fundamentals have not changed and the...

    Businesses respond to UK PM May: Fundamentals have not changed and the stasis continues

    In response to May’s statement on Brexit yesterday, CBI director general Carolyn Fairbairn said ” the government’s move to consult more widely is welcome, as is the commitment to scrap the settled status charge for EU citizens”. But she criticized that “the fundamentals have not changed” as “Parliament remains in deadlock while the slope to a cliff edge steepens.” She urged that “government should accept that no-deal in March 2019 must be off the table”.

    Allie Renison, head of Europe and trade policy at the Institute of Directors also complained “the stasis continues”. She also noted that “two-thirds of our members say that leaving without a deal would be negative for their businesses and nearly 80% made clear they don’t want to see it happen.” And, “we desperately need politicians to get serious about finding a way forward.”

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