Frustration among UK businesses is reaching boiling point after Prime Minister Theresa May’s latest attempt to get Parliament to back her exit deal from the European Union failed again.
“Enough is enough. This must be the last day of failed politics,” said Carolyn Fairbairn, director-general of the Confederation of British Industry. “It’s time for Parliament to stop this circus.”
Her statement came shortly after the British Chambers of Commerce issued its verdict on another night of tension and drama in Parliament. But for businesses, the drama marks just another escalation of the uncertainty that’s already led them to curb investment and damage economic growth.
“Businesses have been failed over and over again by Westminster,” said BCC head Adam Marshall. “Allowing a messy and disorderly exit on March 29 would take political negligence to new extremes.”
The tone was almost universal: a retailers’ lobby group said it’s “exasperated” by the political squabbling, and the automotive industry warned the country is now “perilously close” to a “catastrophic” scenario.
Full article on Bloomberg
Reactions:
CBI: 'Enough is enough. Time for Parliament to stop the circus'
BCC: UK must avoid messy and disorderly exit on March 29th
Business Europe: No-deal must be off the table now
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