Caithness Chamber calls on government to detail plans for business in wake of EU leave vote
Published 24 Jun 2016Following the referendum held on the United Kingdom’s membership of the EU, and the subsequent decision to leave the EU, Trudy Morris, Chief Executive of Caithness Chamber of Commerce, has called for clarity on the timetable for the disengagement from the EU and for information on how this new position might benefit businesses in the Far North.
Trudy Morris said: “The UK has voted to leave the European Union and embark on a different journey in terms of our relationship with Europe and the wider world. Our key priority now is to understand what this will mean in practical terms for businesses in the Far North.
“The announcement by the Bank of England regarding their readiness to intervene if necessary to ensure a stable economic environment will come as a great relief to many businesses, and we hope this will assist in providing a level of confidence in the coming weeks.
“With the Prime Minister announcing his resignation and setting out a broad timetable for the process of disengagement from the EU, we have some time to understand what this process will involve. However, businesses need to be able to plan ahead, particularly with regards to a key international market such as the EU, worth over £11 billion to Scottish businesses in terms of export of goods and services. The UK Government must as an early priority confirm our future trading agreements with the EU and other international markets, and it is highly important that the Scottish Government be involved in these discussions at every level to ensure the best possible deal for businesses both in the Far North and in Scotland as a whole.
“It is to be expected that, following this momentous decision, there will be some short-term uncertainty. The key priority for the UK and Scottish Governments has to be to provide clarity as soon as possible on what the future will look like for businesses in the Far North.”