Next Prime Minister must focus on stability and growth and end the political turmoil, the FSB said this afternoon.
Responding to the resignation of Liz Truss as Prime Minister and the triggering of another Conservative Party leadership contest, national chair of the Federation of Small Businesses (FSB) Martin McTague said: “It is incumbent upon the next Conservative Party leader to show they can provide stability and take the necessary steps to secure economic growth in the face of significant recessionary pressures.
“Businesses are crying out for an end to the political turmoil and a focus on remedying the economy, supporting small firms through the hard winter ahead.
“Whoever becomes Prime Minister must knuckle down, see through the delivery of the energy support package for small businesses – as already approved by Parliament – and the reversal of the hike in National Insurance.
“Beyond that there must be a focus on securing prosperity for the longer term, making sure we have the right support for improving broadband, housebuilding, labour supply, and the tax and regulatory framework – so we can build our way out of the increasingly negative economic climate.”