‘Busi­ness now needs clar­ity on plans’

Buckinghamshire Advertiser - - NEWS -

WITH the pound drop­ping like a stone in the wake of the EU Ref­er­en­dum vote to leave, how will Buckinghamshire busi­nesses fare?

The re­sult of the EU Ref­er­en­dum had an in­stant and dra­matic ef­fect on the value of the pound on Fri­day June 24.

Un­cer­tainty about what hap­pens next – par­tic­u­larly to the econ­omy – abounds.

Philippa Bat­ting, man­ag­ing di­rec­tor of Buckinghamshire Busi­ness First, says it will be im­por­tant for busi­nesses to be told the gov­ern­ment’s plans for the econ­omy while the break from the EU is ne­go­ti­ated.

She said: “Buckinghamshire’s busi­nesses are among the most en­tre­pre­neur­ial and pro­duc­tive in Europe, the ref­er­en­dum re­sult has not changed that. How­ever, the UK’s re­la­tion­ship with the EU has changed fun­da­men­tally and busi­ness now needs clar­ity on the gov­ern­ment’s plan for the econ­omy dur­ing tran­si­tion, even as a new Prime Min­is­ter is cho­sen.

“Our ex­pec­ta­tion is that Buckinghamshire’s busi­nesses will con­tinue to flour­ish in whichever en­vi­ron­ment they are trad­ing.”

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