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Firms ‘fear hung Parliament’

By admin
Created 26/04/2010 - 10:58
Business owners are increasingly concerned about the potential impact on their business of a hung Parliament after the election, according to data released by the British Chambers of Commerce (BCC).

The BCC survey found that 65% of 300 firms were either "concerned" or "very concerned" about the prospect of no clear winner.

"Instinctively, companies prefer a clear mandate to lead and govern. With our economy still fragile and the public finances in a dire state, the overwhelming concern is whether a hung Parliament will provide decisive action around the UK's unsustainable deficit," said David Frost, director-general of the BCC.


Source URL:
https://www.newbusiness.co.uk/news/firms-%E2%80%98fear-hung-parliament%E2%80%99