Responding to Britain’s decision to leave the EU, Alexandra Jones, Chief Executive of Centre for Cities, said:
“Now that the result of the referendum is clear, we need to focus on what happens next. It’s too early to understand the full implications of Brexit for places across the country, but the political and economic uncertainty ahead will clearly have a huge impact on the future of UK city economies. In particular, there are big questions about how Brexit will affect cities which have historically relied on EU funding to strengthen their economies, as well as places which have been able to attract international jobs and investment partly due to the UK’s membership of the Single Market.
“There is also a serious risk that the Government’s devolution agenda will come to a standstill, with the political focus likely to shift to moving powers from Brussels to Westminster, rather than empowering UK cities to grow their economies. In the weeks ahead, it’s vital that political leaders seek to provide as much clarity and certainty on these issues as possible, and demonstrate that UK cities remain open for trade, talent and investment.”
For more information, please contact Brian Semple, Press Manager for the Centre for Cities, on 0207 803 4316 / 07595 439 638 or firstname.lastname@example.org
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