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Luton-based TUI: 'The EU without the UK is barely conceivable'

TUI are based in Luton. Credit: PA

Luton-based travel company TUI has responded to Britain's decision to leave the EU by saying that it is 'barley conceivable' to imagine Europe without the UK.

The Leave campaign won by a 51.9% majority overnight.

CEO Fritz Jouseen admitted he was shocked by the decision but has backed his company to get through a period of uncertainty.

The EU without the UK is barely conceivable but we respect the democratic decision of the British people and trust the UK government will take all steps necessary to ensure economic and political stability and to ensure that British holidaymakers will not be affected by the UK's decision to leave the EU.

We are well prepared and confident that TUI Group as a truly global company will not be significantly affected by the decision.

It remains to be seen how the decision will affect consumer sentiment.

– Fritz Joussen, TUI CEO


Businesses need "action" to maintain economic stability

Northants Chamber of Commerce calling for Govt to act

The boss of Northamptonshire Chamber of Commerce is calling on the Government to act to maintain "economic stability" following the historic EU result.

The Anglia region voted to leave the European Union by a greater margin than the rest of the country.

Some business people will be pleased with the result, and others resigned to it. Yet all companies will expect swift, decisive, and coordinated action from the government and the Bank of England to stabilise markets if trading conditions or the availability of capital change dramatically.

Firms across Northamptonshire want an immediate and unambiguous statement from the Government on next steps, along with a clear timeline for the UK's exit from the European Union.

Business will also want to see a detailed plan to support the economy during the coming transition period - as confidence, investment, hiring and growth would all be deeply affected by a prolonged period of uncertainty. If ever there were a time to ditch the straight-jacket of fiscal rules for investment in a better business infrastructure, this is it.

Businesses need action to maintain economic stability, a timeline for exit, and answers to their many practical, real-world questions about doing business during and after this historic transition. Firms want help to get Britain back to business at a time of great uncertainty. The health of the economy must be the number one priority – not the Westminster political post-mortem.”

– Paul Griffiths, Chief Executive

Region reacts to European referendum result

University Vice-Chancellor Credit: ITV News Anglia

The Vice-Chancellor of the University of Cambridge has tweeted his disappointment with the result of the EU Referendum..

We note this result with disappointment. My position on this issue is well known, but 52% of voters in the Referendum disagreed. We will work with our partners in business, research and academia, as well as our European partners and the Government, to understand the implications of this outcome.

– Professor Sir Leszek Borysiewicz

Region's MPs react to PM's resignation

Credit: Daniel Leal-Olivas/PA Wire/Press Association Images

Politicians across the region have been reacting to the news that the Prime Minister has resigned after the EU Referendum result.

David Cameron announced this morning that he will step down after the UK voted to leave the European Union.


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