British-American Business Council (BABC) Statement on the 2017 UK Election Result
The next UK Government is charged to deliver one of the greatest political and legislative challenges of our time: Defining a new relationship between the United Kingdom (UK) and the European Union (EU).
Our network represents 22 chapters in major cities throughout the US, UK and Canada, including major British and leading American firms, the latter accounting for the largest source of Foreign Direct Investment (FDI) in the UK. The majority of transatlantic businesses wished to see the UK remain a part of the EU – the world’s largest trading block. Transatlantic business therefore has a huge stake in the outcome of Brexit negotiations. In the light of the British people’s decision we are committed to help building a fair, competitive and global Britain, in partnership with the EU and other countries in the world.