LCCI respond to the decision to end cross-party talks on Brexit

Friday 17 May 2019

David Frost, LCCI Chief Executive, said:

“I was always doubtful that cross-party talks could reach a conclusion and even more doubtful that any plausible outcome from them would have been good for the longer-term business environment in London and the UK. 

There are still a number of factors at play and no doubt more will emerge - so it is vital that the time between now and 31 October is not wasted. 

For example, a Conservative Party leadership election is now looking very likely, if so, we would urge it to be conducted as expeditiously as possible to avoid a further period of uncertainty into the summer and beyond.

Businesses need Parliament to find a way through, and in the meantime need continued practical help about no deal preparation – since that outcome remains a distinct possibility, and isn’t just a matter for the UK to decide upon.”

ENDS

Media contact
Steven Reilly-Hii
T: +44 (0)207 203 1897                     
M: +44 (0)7827 241528
E: sreilly-hii@londonchamber.co.uk


NOTES TO EDITOR:

  1. London Chamber of Commerce and Industry (LCCI) is the capital’s most representative business organisation, with members ranging in size from multi-national companies to SMEs and sole traders. David Frost is available for interview and further comment.