Sunday 11 December 2016

May denies Brexit support 'anti-business'

Published 15/11/2016 | 02:30

British Prime Minister Theresa May is accompanied by the Lord Mayor of London, Andrew Parmley, as she attends the Lord Mayor’s Banquet at Guildhall last night. Photo: Carl Court/Getty Images
British Prime Minister Theresa May is accompanied by the Lord Mayor of London, Andrew Parmley, as she attends the Lord Mayor’s Banquet at Guildhall last night. Photo: Carl Court/Getty Images

British Prime Minister Theresa May has denied she is anti-business and urged companies to work with her Government to help those "left behind" by globalisation regain their faith in capitalism.

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Mrs May said the post-war liberal consensus has "failed to maintain the consent of many people" and told those who cannot see the breakdown in trust that they are the "enemy" of liberalism.

She urged firms to cooperate with the British Government to ensure they "do business in the right way", because a minority have "gamed the system" and undermined the reputation of business as a whole.

Those who have championed globalisation have overlooked the impact on those who have seen their jobs outsourced and wages undercut, and who have seen their communities changed by immigration but "don't remember agreeing to that change".

In a speech to City of London leaders at Guildhall, she called on Britain to rebuild trust in global free markets by ensuring they deliver prosperity for everyone.

Irish Independent

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