Following Prime Minister Theresa May’s statement on Brexit negotiations, Dr Adam Marshall, Director General of the British Chambers of Commerce (BCC), said:

“While the Prime Minister’s determination to reach a deal is appreciated, businesses tell us over and over that the time for posturing from both sides is over.

“Businesses across the UK want the negotiators to knuckle down and deliver tangible results that enable them to plan for the future. Firms need clarity, precision, and answers to their real-world, practical questions – and they need them fast. There is no time to lose. People’s livelihoods, major investments in our towns and cities and business confidence are at stake.”

On the possibility of the UK leaving the EU without a negotiated outcome, Marshall added:

“Many firms are hugely worried about a messy and disorderly outcome, and the potential impact on their ability to trade and grow. Others could be caught flat-footed. Both sides must make every effort to avoid this scenario.”

On EU citizens working in UK businesses, Marshall said:

“Businesses feel a strong sense of responsibility to their EU employees. We welcome the Prime Minister’s clear commitment to guaranteeing the rights of EU citizens currently in the UK, regardless of the outcome of negotiations. This must be translated into clear, precise guidance as soon as possible to give people the security they need.”

Note:

The BCC has published a Business Brexit Checklist to help firms consider the changes Brexit may bring and to plan for them. Our Brexit Risk Register assesses the progress on 24 business-critical issues which businesses need clear answers on.

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