Skip navigation

Gloucestershire Business News

CBI responds to new Prime Minister announcement

Following the news yesterday that Boris Johnson has been elected as the new Conservative Party leader and will take office as Prime Minister this afternoon, the CBI has had its say.

Deborah Fraser, CBI regional director for the South West (pictured), said: "Many congratulations to Boris Johnson. Businesses in the South West share your optimism for the UK. Let's work together to get our economy back on track and working for communities everywhere. It is time to power up the South West.

"Business needs three things in the first 100 days. A Brexit deal that unlocks confidence; clear signals the UK is open for business; and a truly pro-enterprise vision for our country.

"On Brexit, the new Prime Minister must not underestimate the benefits of a good deal. It will unlock new investment and confidence in factories and boardrooms across the country. Business will back you across Europe to help get there.

"Early signals back home also matter. From a new immigration system to green-lighting major infrastructure, there is no time to waste."

Punchline said: "With the clock ticking until 31st October, those first 100 days will be key for Boris Johnson. Here's hoping he can negotiate a Brexit deal which works for business and can restore the confidence which has been lacking for too long."

Related Articles

VIDEO: Gloucestershire company is at the forefront of a technological revolution Image

VIDEO: Gloucestershire company is at the forefront of a technological revolution

This is the year that everything changes and electric vehicles become mainstream and a Gloucester businessman has put his company at the forefront of the revolution.

Profit falls at Gloucestershire's biggest firm Image

Profit falls at Gloucestershire's biggest firm

Operating profit fell and money into the business fell – but do not go feeling too sorry for Gloucestershire’s biggest company.

Profit warning for tile retailer Image

Profit warning for tile retailer

Topps Tiles has warned that full-year profits will be well below expectations, after a sustained period of tough trading.

Record results for housebuilder with a Gloucestershire base Image

Record results for housebuilder with a Gloucestershire base

Completions, revenues and profits were all up for the year at Vistry Group, the housebuilders formerly known as Bovis Homes.

Copyright 2020 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.