PM Johnson assures to end Brexit uncertainty as it has paralysed economy
August 9, 2020

PM Johnson assures to end Brexit uncertainty as it has paralysed economy

LONDON- Conservatives will carry out Brexit and put an end to the uncertainty which has “paralysed” the economy. They assure to end this confusion if they are re-elected after the Dec 12th elections this year, Prime Minister Boris Johnson said on Monday.

The upcoming Dec. 12 election was set in a bid to end three years of disagreement over Britain’s 2016 vote to leave the EU which has sapped investors’ faith in the world’s fifth-largest economy’s stability that has affected Britain’s standing.

At the CBI’s yearly conference, Johnson is to say that while big businesses made it apparent they were not supportive of Brexit in 2016, they now would like clarity. The decision of Britain’s exit from the EU has already been delayed three times so far

“Britain stuck in gridlock and our economy stuck in first gear. Extension to extension. Marching business up to the top of the hill, only to march them down again,” he will say.

Johnson is banking on winning a majority to push through the last-minute Brexit deal that he struck with the EU last month. On the other hand, opposition Labour Party leader Corbyn has pledged to renegotiate the agreement and to then hold another referendum.

“With a Conservative majority government you can be sure we will Get Brexit Done and leave with the new deal that is already agreed – ending the uncertainty and confusion that has paralysed our economy,” Johnson will say.

The Conservative Party has directed several promises to business prior to the elections, many of which include cutting business properties’ tax, reduction in an employment tax, supplementing tax relief on construction and eliminating the tax on research and development.

At the same conference, Labour’s Corbyn made his pitch to business to design a climate apprenticeship programme to improve the number of experts in areas such as renewable energy and transport, sustainable construction, low carbon industries, and sustainable agriculture and forestry.

(Photos syndicated via Reuters)
This story has been edited by BH staff and is published from a syndicated field.

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