British Trade Body Urges MPs to Set Aside Political Difference and Work Towards a Pro-Business Brexit - Forex News by FX Leaders
No-deal Brexit worries

British Trade Body Urges MPs to Set Aside Political Difference and Work Towards a Pro-Business Brexit

Posted Wednesday, July 17, 2019 by
Arslan Butt • 1 min read

The Federation of Small Business (FSB) has urged Boris Johnson and Jeremy Hunt to avoid the possibility of a no-deal Brexit and work towards a Brexit that would be pro-business. With the Pound falling to a 27-month low against the dollar, the hard Brexit sentiment is weighing on the economy and UK’s businesses.

According to Chair of the FSB, Mike Cherry, MPs across parties must come together and work towards a Brexit deal to avoid Britain gambling away its reputation, something that is a certainty in the event of a no-deal Brexit.

At the FSB’s annual reception slated to be held later today, Cherry plans on urging MPs to break the political deadlock that caused Theresa May to resign from her post as PM. In his speech while addressing the gathering at the event, Cherry also plans to discuss key business priorities that have been overlooked due to the looming uncertainties surrounding Brexit.

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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