TheCityUK responds to Brexit meaningful vote result

The UK Parliament has voted to reject the proposed UK Withdrawal Agreement from the European Union (EU).

Commenting on the news Miles Celic, Chief Executive Officer, TheCityUK, said:

The outcome of today’s vote prolongs uncertainty and will continue to depress business confidence. The lack of clarity on the path to an orderly Brexit risks disruption and financial instability on both sides of the Channel. We urge the government and MPs to carefully consider the options without delay and put forward an economically sensible way ahead. A no deal outcome is not in the best interests of customers in the UK or the EU.”