We need stability and reassurance without arguments, says chief executive

The chief executive of Devon Chamber of Commerce has urged the Government to provide a clear plan of action for the leaving process in the wake of this morning's (Friday) EU Referendum result.

Speaking after the announcement that 57 per cent of people voted to leave the European Union, George Cowcher said: "Businesses are in need of stability and reassurance, without arguments or in fighting within political parties of how the leave process should be handled.

"Stability and clarity will be of utmost importance in order to prevent any further damage to the UK economy caused by the uncertainty leading up to the EU Referendum vote.

"Of particular importance should be a focus on ensuring stability for the money markets, particularly relating to the strength of the British Pound, and in interest rates.

"The Government needs to take these factors into consideration to ensure that the leaving process does not send the UK economy into a downward dip.

The chamber will be hosting a number of events across the county to discuss the EU impact and the consequences businesses face on leaving the EU.

"This is a very sensitive time for all businesses and the chamber is keen to hear from anyone who has particular concerns surrounding the EU referendum result so that these issues can be raised by the chamber with Government."

Meanwhile the Torridge branch of the Federation of Small Businesses (FSB) is holding a post-referendum 'Question Time' event at Holsworthy Agricultural Centre on Tuesday.

The 'Our Future Prospects - Businesses Moving Forward Together' event takes place from 6-8.30pm.

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