Enterprise figures name for vote on Brexit phrases: Sunday Occasions By EconomySquare

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© Reuters. An anti-Brexit demonstrator waves flags exterior the Homes of Parliament, in London

LONDON (Reuters) – Greater than 70 enterprise figures are calling for a public vote on the ultimate phrases of Britain’s exit from the European Union, warning that the nation faces “either a blindfold or a destructive hard Brexit”, the Sunday Occasions reported.

Corporations are more and more nervous concerning the prospect of Britain leaving the world’s largest buying and selling bloc in March with out an settlement, or that politicians will signal as much as a deal that limits corporations’ entry to the continent’s markets.

A brand new group referred to as “Business for a People’s Vote”, which incorporates Justin King, former boss of the Sainsbury’s grocery store chain, and John Neill, head of the automotive elements provider Unipart, is to be launched as campaigners increase the stress on politicians.

London and Brussels hope to conclude a deal this month, however in a letter, the enterprise figures warn of potential unfavorable penalties.

“We are now facing either a blindfold or a destructive hard Brexit. Both these options will further depress investment,” the Sunday Occasions quoted the letter as saying.

“They will be bad for business and bad for working people. Given that neither was on the ballot in 2016, we believe the ultimate choice should be handed back to the public with a People’s Vote.”

Britain’s Brexit ministry mentioned it was assured of securing a deal that works for companies and reiterated the federal government’s opposition to a second referendum.

“The people of the United Kingdom have already had their say in one of the biggest democratic exercises this country has ever seen and the prime minister has made it clear that there is not going to be a second referendum,” mentioned a spokesman.

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