‘Business now needs clarity on plans’
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.”