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  1. ITV Report

Guernsey Finance: Election will make 'stronger base' for Brexit negotiations

Theresa May called a snap General Election because Westminster is too divided over Brexit Credit: Jane Barlow/PA Wire/PA Images

Guernsey Finance say Britain's snap election will create a "stronger base" for Brexit negotiations and stability for businesses.

Dominic Wheatley, CEO of Guernsey Finance, told ITV News the outcome of the UK leaving the EU will be "no less certain" but the "mandate from the British people will be much stronger", which could give businesses a clue what to expect.

Although the Channel Islands are not directly affected by withdrawal from the EU, Mr Wheatley explains relationships with the UK and Europen market will be.

He added it's important for Guernsey Finance to continue working with government agencies in London and Brussels.

Leaving the EU could even provide opportunities for the islands, Mr Wheatley says: "When there's a lot of change going on elsewhere, we have a very stable environment and established basis to trade financial services into the EU."