Business

Brexit is bad for business, says Tory mayor

Brexit bad for business, conservative mayor for West Midlands said.

Appearing on Radio 4 PM Andy Street told presenter Evan Davies that there were “some implications” for businesses in his region as a result of Brexit.

Mr Street said:Business tells me that there are some implications, and if you look at this region, our deterioration in export performance is certainly partly due to that [Brexit].

“Part of it also has to do with global supply chains, but I’m not naive about it, it’s what I hear from companies day in and day out.”

He went on to say that more support is needed to help exporters: “We need to address the issue of how easy it is to export, it’s the paper work, the physical movement… it’s also business support to export so that’s definitely a challenge.”

His comments came as both Tory leadership contenders, Liz Truss and Rishi Sunak, insisted Brexit was an opportunity.

Despite​​​​voting Remain in the 2016 referendum, Ms Truss made it clear at the start of the leadership race that she could be trusted with Brexit, arguing that she had done more than any other minister to help deliver the opportunities , which he brought to Great Britain.

Speaking at an event to launch her leadership bid, she said: “We need to deliver on Brexit and all the opportunities it offers. We need to win the fight for freedom at home and around the world.”

Mr Sunak has remained a staunch supporter of Brexit and has previously described Brexit as a “once-in-a-generation opportunity” to “take back control”.

Earlier this week he praised Boris Johnson for taking the decision to leave the EU and scored 10 out of 10 during Monday night’s leadership debate.

Brexit is bad for business, says Tory mayor

Source link Brexit is bad for business, says Tory mayor

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