Fri 13th Dec 2019
Statement: NI Chamber comments on UK General Election Result
Commenting on the result of the UK General Election, Ann McGregor, Chief Executive, Northern Ireland Chamber of Commerce and Industry said:
“This election result is a vote to end paralysis, not a mandate to force through a deal that would be disruptive to business. The business community will be calling on the Prime Minister to provide swift certainty about what Brexit means and time to prepare for and implement it.
“The Prime Minister’s current deal, which effectively gives Northern Ireland two borders, should be a concern for all of us – not just business leaders and employers. Politicians from all parties, and anyone with a vested interest in the Northern Ireland economy, need to recognise the major risks to business growth and job creation and the serious consequences for young people seeking a career in Northern Ireland.
“As long as businesses are held back by Brexit uncertainty, high up-front costs, skills gaps, and poor infrastructure, we can expect growth to be mediocre, at best. At this critical moment, details matter. Government needs to get both the signals and the substance right – and give businesses the confidence to invest. This is particularly important for Northern Ireland given the continuing dip in business confidence, and a belief that we are entering a recession.
“It is very important that our representatives in Westminster stand up for Northern Ireland and that the upcoming talks process results in the immediate return of an Executive at Stormont. Another election would simply exacerbate the problem.”