Chamber: Prime Minister’s resignation heaps further uncertainty on businesses

Published on: Thursday, 7th July 2022
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Chief Executive of the East Midlands Chamber - Scott Knowles

The Chief Executive of the East Midlands Chamber has responded after the Prime Minister made an announcement that he will resign and step down in the Autumn.

Scott Knowles said: “One of the main purposes of Government should be to provide a stable environment for businesses to thrive – enabling them to create the jobs and life opportunities that underpin a successful country. 

“But the paralysis of the past few days, with whole departments being effectively rudderless, heaps further uncertainty on firms at a time when they are already trying to navigate stormy waters.

“The insular focus within Westminster is diverting attention away from the everyday business of Government, in which the mission of creating economic prosperity in regions such as the East Midlands should be high on the priority list.

“We need to know what the plans are for levelling up and tackling the very real cost of doing business crisis, which is hampering firms’ ability to breathe life into an ailing economy.

“Big policy agendas are in a state of stasis. What’s important now is to have a clear path forward so that businesses can have confidence the big issues are going to be tackled.”

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