Investments

UK must redefine its Brexit approach, says Ibec

The head of business organisation Ibec, Danny McCoy, has said the outcome of the British election offers a fresh opportunity for the UK to shift away from what he called its “divisive hard Brexit trajectory”

Mr Mc Coy said the economic risks and political challenges of Brexit are crystallising in the UK, with living standards squeezed and investments being put off or moving elsewhere in Europe.

He said the UK government must reassess and redefine its approach to Brexit.

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