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August 22, 2019
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U.K. Business Chief Says New Premier Must Restore Confidence
Sun, 21 Jul 2019 19:01:00 -0400

(Bloomberg) - Prime Minister Theresa May's successor must move beyond Brexit to restore economic confidence and spur investment, the Confederation of British Industry said as it launched a “business manifesto” for the new government.Boris Johnson or Jeremy Hunt will be named May's successor on Tuesday and take office a day later, and both have pledged to seek a new Brexit deal. The new leader will inherit an economy with sluggish growth and flagging investment amid the uncertainty over Britain's departure from the European Union.“We urge the next prime minister to act fast to get the economy back on track,” CBI Director-General Carolyn Fairbairn said in a statement. “The reputation of our country has taken a dent in recent times. Our new read the full story...

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