Mon 10th Dec 2018
NI Chamber: Business extremely frustrated by yet another delay
Ann McGregor, Chief Executive, Northern Ireland Chamber of Commerce and Industry
Responding to the Prime Minister’s statement to the House of Commons on delaying Parliament’s vote on the Brexit Withdrawal Agreement, Ann McGregor, Chief Executive of Northern Ireland Chamber of Commerce and Industry (NI Chamber), said:
“Many business leaders will be extremely frustrated by yet another delay in this drawn-out process, which impacts real-world business conditions, not least currency markets.
“Businesses are clear that time is rapidly running out. With just over 100 days to go until the 29th of March, many are already enacting contingency plans in the absence of clarity from Westminster. Earlier this year 37% of NI Chamber members told us that they are already scaling down/freezing growth plans because of Brexit. Even basic business planning for next year has become difficult, if not impossible, for many firms and their investors.”
She concluded: “Businesses are clear that they do not want a messy and disorderly exit, which both government and far too many firms are underprepared for.”