{"id":218310,"date":"2022-10-24T09:00:03","date_gmt":"2022-10-24T08:00:03","guid":{"rendered":"https:\/\/www.theindustry.fashion\/?p=218310"},"modified":"2022-10-24T18:42:49","modified_gmt":"2022-10-24T17:42:49","slug":"markets-rally-as-businesses-call-for-end-to-uncertainty-under-new-pm","status":"publish","type":"post","link":"https:\/\/www.theindustry.fashion\/markets-rally-as-businesses-call-for-end-to-uncertainty-under-new-pm\/","title":{"rendered":"Markets rally as businesses call for end to uncertainty under new PM"},"content":{"rendered":"
Business leaders have called on Rishi Sunak to end recent \u201cpolitical and economic uncertainty\u201d as markets rallied somewhat on his selection as the next prime minister.<\/strong><\/p>\n After weeks of chaos following Prime Minister Liz Truss\u2019s mini-budget, and months of uncertainty under her predecessor, businesses need more certainty on energy support and help finding workers and boosting international trade and exports, the British Chambers of Commerce said.<\/p>\n Director General, Shevaun Haviland: \u201cThe political and economic uncertainty of the past few months has been hugely damaging to British business confidence and must now come to an end. The new prime minister must be a steady hand on the tiller to see the economy through the challenging conditions ahead.\u201d<\/p>\n Markets had largely already expected a Sunak victory before it was officially announced on Monday afternoon.<\/p>\n