Tags: EU | Britain | EU

UK Business Group Worried by Government's Brexit Comments

UK Business Group Worried by Government's Brexit Comments

Monday, 10 October 2016 09:30 AM EDT

LONDON (AP) — Business groups are accusing the British government of imperiling the economy with statements suggesting the U.K. is heading for a hard divorce from the European Union.

The head of employers' group the Confederation of British Industry, Carolyn Fairbairn, said in comments published Monday that the government's stated emphasis on controlling immigration sent out "signs that the door is being closed, to an extent, on the open economy, that has helped fuel investment."

Prime Minister Theresa May said last week that Britain would seek to retain a close relationship with the bloc, but wouldn't cede control over immigration, a conflict with the EU's principle of free movement.

European leaders say that means Britain can't remain a member of the EU's tariff-free single market, an alarming prospect for many U.K. businesses.

© Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Europe
Business groups are accusing the British government of imperiling the economy with statements suggesting the U.K. is heading for a hard divorce from the European Union.The head of employers' group the Confederation of British Industry, Carolyn Fairbairn, said in comments...
EU,Britain,EU
131
2016-30-10
Monday, 10 October 2016 09:30 AM
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