The Confederation of British Industry recently published what they call a “Business Manifesto” which asks the next Tory leader to ensure a Brexit accord and implement a long term plan for the economy that would be based on private investing. They also pushed the next Tory leader to take a "pro-business" stance.
Several British companies are currently refraining from many activities since they are paralyzed by the uncertainty associated with the Brexit. For example, they've stopped investing in research, in the acquisition of new equipment or in building new plants
“We urge the next Prime Minister to act fast to get the economy back on track,” said the CBI director.
The group is asking for improvement in several areas, like national infrastructure and immigration policy.For example, the £30,000 earnings threshold for immigrants should be diminished, and the government should boost investment in R&D (Research and Development).
“That means no equivocation on essential national infrastructure, from HS2 to Heathrow. It means an immigration system that is controlled but also open and welcoming. And it means fixing a policy that isn’t working, from business rates to the apprenticeship levy,” she added.
The group is also asking to deliver annual business rates revaluations and to ensure "continuity of trade with EU third countries, maintaining existing terms of trade where possible."
Both Boris Johnson and his rival Jeremy Hunt have stated in the past that they are ready to leave the European Union without a deal, a position that concerns analysts and investors, and even the mainstream Tory Leadership, who favors leaving the Union in an orderly manner.
"Brexit uncertainty remains a challenging backdrop and we couldn’t be clearer that a no-deal outcome will be seriously damaging. But it must not obscure the country’s long-term vision," said the CBI representative about the Brexit.
The United Kingdom is expected to leave the European Union on October 31. The Torys are currently trying to ensure a different deal since May's has been rejected by the parliament, However, a negative from the European Union leadership may hinder this initiative.