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Businesses call for a 'clear plan' without political 'infighting'

Chamber of Commerce's across the West Country are urging the government to provide a clear plan of action.

They focused on the necessity of economic certainty and ensuring there is no "downward dip", with Somerset calling on a refocus for "the sake of the country's businesses and economy".

Devon Chamber added:

Businesses are in need of stability and reassurance, without arguments or in fighting within political parties of how the leave process should be handled.

– George Cowcher, Devon Chamber of Commerce
Credit: Dominic Lipinski/PA

They called for clear timelines, starting with clear monetary and fiscal policies to minimise the impact of any short and medium term uncertainty.

Whether or not our politicians have the courage to take the big, tough, domestic decisions needed to create a fantastic environment for business is a question I hear again and again from business people across the county. A clear message needs to be communicated by the government that the UK is open for business and it must do whatever it takes to instil confidence, both domestically and internationally.

Somerset businesses of all sizes and across all sectors will have questions that will need answering – questions about export procedures, the impact on interest rates, implications for workers originating in the EU. All of these, and others, need urgent attention.

– Dale Edwards, Chief Executive of the Somerset Chamber
Credit: Reuters

Devon Chamber will be hosting a number of events to discuss the impact and the consequences businesses face on leaving the EU.

The first will be Wednesday July 6 - to further lobby for necessary actions to be taken to support the business community.

Stability and clarity will be of utmost importance in order to prevent any further damage to the UK economy caused by the uncertainty leading up to the EU Referendum vote.

Of particular importance should be a focus on ensuring stability for the money markets, particularly relating to the strength of the British Pound, and in interest rates.

– George Cowcher, Devon Chamber of Commerce
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