LCCI reaction to Parliament’s Brexit amendment vote

Tuesday 29 January 2019

London Chamber of Commerce & Industry Chief Executive Colin Stanbridge said :

“Whilst it is pleasing that Parliament has indicated that it is against leaving the EU without a deal, it is not pleasing that the negotiations and uncertainty continue and the abyss of No Deal still remains an option.

75% of London businesses that we surveyed still haven’t made any provisions in preparation for Brexit.

With 86% of businesses in London employing under 10 people they simply don’t have the time nor resource to waste on guessing what the UK’s exit from the EU looks like. The clock is ticking rapidly and business confidence and economic indicators are plummeting whilst No Deal still looms. It must be taken off the table.”

ENDS

Media contact
Steven Reilly-Hii
T: +44 (0)207 203 1897
M: +44 (0)7827 241528
E: [email protected]

NOTES TO EDITOR:

London Chamber of Commerce and Industry (LCCI) is the capital’s largest and most representative business organisation, with members ranging in size from multi-national companies to SMEs and sole traders.