The Great Debate UK
- Paddy Earnshaw is customer director at Travelex business payments. The opinions expressed are his own.-
The fears of many British businesses were confirmed today after the first hung parliament in three decades was declared on Friday.
Despite the contrasting political outlook of most employers, all of them will have wanted a decisive majority, in order to ensure our economic stability.
Many companies have expressed their concerns that a hung parliament would damage their business. When we conducted a poll amongst our business clients this morning, we found that 48 percent of the businesses interviewed thought a hung parliament would have a negative impact on their business, with most blaming the resulting weak pound.