Business says NO to a second Brexit referendum!

3,008 views · Published 17 April 2018 · 7:52 · Indexed 21 September 2026

Channel: Jeff Taylor · 2018 · News & Politics

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It turns out that UK business leaders prefer stability and certainty over the confusion that another EU referendum would produce.

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The Remoaner plot to inject as much uncertainty and upheaval into the UK economy in order to thwart Brexit, seems to have thrown up an unintended consequence.

UK businesses have been working towards Brexit and Remoaner efforts to try and halt, reverse, or semi-reverse, or we don't know what, has caused jitters in that same business community.

"The plot to reverse Brexit is missing a key ally: U.K. business. - says Bloomberg - Companies have been among the most outspoken critics of the split from the European Union, and have much to lose from a divorce gone wrong. But as a group of lawmakers tries to engineer a second referendum, business leaders are recoiling."

Allie Renison from Europe and trade policy at the Institute of Directors, told Bloomberg:

"Calls for a second referendum, and indeed rehashing the debates we had in the run-up to the Brexit vote, now almost two years ago, will do little to move us forward.

"Our focus must be on building a global Britain."

And Miles Celic, of TheCityUK said:

“Business likes certainty and I can’t see how discussion of a second referendum helps create that certainty when the negotiations are not even concluded.”

And Paul Hardy, Brexit director at law firm DLA Piper, said:

"Businesses are uninterested in politics. They want commercial predictability. Those who have spent a lot of money on it are ready to deal with it."

Other topics include:

1. The people's Vote loses its chance for a BBC documentary featuring Lord Adonis and Anna Soubry.

2. Education and Schools: The freeing up of primary school places in London 'due to Brexit' when families return to the EU - but what about teachers?

3. An update on the national debt and deficit as well as employment and unemployment with new ONS data out today.

Sources:

https://www.bloomberg.com/news/articles/2018-04-17/brexit-bulletin-second-referendum-business-says-no

https://www.express.co.uk/news/politics/947103/Brexit-news-second-referendum-UK-business-Patrick-Stewart-EU-European-Union

https://www.ons.gov.uk/economy/governmentpublicsectorandtaxes/publicspending/bulletins/ukgovernmentdebtanddeficitforeurostatmaast/december2017

https://www.telegraph.co.uk/education/2018/04/16/primary-school-offer-day-2018-children-allocated-first-choice/

https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/april2018

http://eur-lex.europa.eu/legal-content/EN/ALL/?uri=CELEX:12008M/PRO/12

http://www.lisbon-treaty.org/wcm/the-lisbon-treaty/treaty-on-the-functioning-of-the-european-union-and-comments/part-3-union-policies-and-internal-actions/title-viii-economic-and-monetary-policy/chapter-1-economic-policy/394-article-126.html

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