Theresa May’s lurch to a “hard Brexit” stance on withdrawing from the European Union risks destroying Britain’s hopes of remaining an open economy, the head of the CBI has warned. Fairbairn warned that the prime minister’s insistence on an immigration crackdown, which dominated the Tory conference, could “close the door” to the UK remaining an open trading economy. “It’s very clear from conversations we are having that the world is watching. Companies here are watching. With the plan to list foreign workers provoking uproar, the government went into retreat with the education secretary, Justine Greening, saying: “This is not data that will be published.

Source: The Guardian October 10, 2016 02:09 UTC