TheCityUK response to the General Election result

The result of the election is clear, with a considerable Conservative majority in place.

Commenting on the result, Miles Celic, Chief Executive Officer, TheCityUK, said,

“This is a clear result that should allow the country to finally turn the page on the first phase of Brexit.

“With the path to a January Brexit now clear, both sides must move quickly to prepare for the next stage of the negotiations. The first phase has been dominated by the impact on goods. This has neglected the 80% of the UK economy made up of Britain’s world leading services industries. Ministers should seek to rectify this, consult widely, and focus their efforts on how the UK’s global leadership in services industries like ours can be sustained and enhanced over the course of this Parliament.”