Sunday, August 25, 2019
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Business leaders buckle up for no‑deal Brexit

Business leaders buckle up for no‑deal Brexit

Hoping for the best but planning for the worst, business leaders accept a wild ride to Brexit, say Oliver Shah and John Collingridge


The Sunday Times, 

Boris Johnson emerged without a scratch from an encounter with some of the biggest beasts in British business at the luxury Beaumont hotel in Mayfair last month. Accompanied by health secretary Matt Hancock and Quintessentially co-founder Ben Elliot — whom he elevated to joint Conservative Party chairman a week later — the Tory leadership frontrunner bombarded the chief executives of BT, Lloyds Banking Group and Severn Trent with flattery, jokes and promises to see off Jeremy Corbyn.

Johnson vowed to be the most pro-business prime minister they had seen, but reiterated his intention to take Britain out of the EU on October 31 — with or without a deal. Despite their general opposition to Brexit, let alone no-deal, the FTSE 100 titans were tamed.


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