UK business Secretary Sajid Javid held a business roundtable today with various business leaders to gauge and calm the sentiment for the economy in light of the recent Brexit decision.
Javid stated the fundamental facts remain unchanged;
“The UK is still a member of the European Union, and still a member of the single market. Employment is still at a record high. And this government is still 100% committed to making the UK the best place in Europe to start and grow a business. None of this has changed on Friday morning. None of this will change overnight.”
Javid said the biggest issue is to work with both large and small businesses to secure continued access to the single market. He stated that even in the face of market volatility, the economy remains fundamentally strong.
The reassurance by the Minister comes as some prognosticators depict a waning influence on the UK economy. Forrester recently stated the number one export in the UK is finance. This, along with the emergent Fintech industry, is now at risk as businesses may vote with their feet and relocate to other financial centers.