British Prime Minister Boris Johnson at a bakery during a visit to Doncaster Market Getty ImagesBritish business has reacted positively to the news that Boris Johnson’s Conservative party won a convincing majority in the U.K. this morning. Retail employs 3 million people across the U.K., making the industry the country’s largest private sector employer. Carolyn Fairbairn the U.K.’s leading group, The Confederation of British Industry, told BBC radio this morning, “the fact that we have a Prime Minister with a very strong mandate to govern is welcome. The real work starts now.”Top of the list for Johnson, Fairbairn adds, is the rebuilding of business confidence which has capitulated over the recent years. The movement of goods between their U.K. and European operations are also likely to face headwinds.

Source: Forbes December 13, 2019 11:37 UTC