Press releases

Deloitte CEO: Brexit deal an important step forward

8 December 2017

Commenting on the agreed deal between the UK and EU on the first stage of Brexit negotiations, David Sproul, senior partner and chief executive of Deloitte North West Europe, said:

“The agreement on Phase 1 of Brexit, announced earlier today, is an important achievement in moving forward the negotiation process.

“There will undoubtedly be difficult moments in the forthcoming trade talks, but I believe the result of this will be a stronger United Kingdom and European Union. The UK must remain an open, free-trade economy if it is to maintain its attractions of innovation, entrepreneurship and diversity of skills.

“Our latest CFO Survey showed that Brexit continues to have the biggest impact on organisations’ appetite for risk and investment, and that’s why today’s news is important in delivering greater certainty and momentum to the process. The government’s recent Industrial Strategy had a lot of positives for business, particularly the investment in skills, but more clarity on the future relationship with the EU is what business really needs to kick-start investment and hiring.

“In the coming months, swift progress on trade negotiations and clarity on the transition period will go some way to helping UK business focus on building an economy fit for our post-Brexit future.”

End

Notes to editors

About Deloitte
In this press release references to “Deloitte” are references to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”) a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see deloitte.com/about for a detailed description of the legal structure of DTTL and its member firms. 

Deloitte LLP is a subsidiary of Deloitte NWE LLP, which is a member firm of DTTL, and is among the UK's leading professional services firms.

The information contained in this press release is correct at the time of going to press.

For more information, please visit www.deloitte.co.uk.

Member of Deloitte Touche Tohmatsu Limited.

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