British Businesses Aren't Backing a Second Brexit Vote

Published in

The plot to reverse Brexit is missing a key ally: U.K. business. Companies have been among the most outspoken critics of the split from the European Union, and many have much to lose from the divorce. But as a group of lawmakers tries to engineer a second referendum, business leaders are recoiling. Worse than Brexit is prolonged uncertainty. “Business likes certainty and I can’t see how discussion of a second referendum helps create that certainty when the negotiations are not even concluded," Miles Celic, chief executive officer of TheCityUK, said in an interview with Bloomberg News. The campaign for a popular vote on the final divorce deal that Prime Minister Theresa May brings back from Brussels later this year is gaining traction. Two recent polls have indicated there may be popular support for a vote on the terms of Brexit. Read more.