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Message from Robert Lloyd Griffiths June 2017 - Election Results

13 Jul 2017
UK Election with IoD Wales

Election Results

The British & Irish Lions’ recent rugby matches haven’t been the only tense battles we witnessed this last week and since the event of Thursday night and Friday morning, there has been non-stop comment, speculation, appraisals, judgement and microscopic analysis of where we are, how we got here and where we are going next.

I am not going to engage in a detailed post mortem – that’s certainly not my place, and from the Institute of Directors’ perspective, being politically neutral by our Royal Charter means that we do not engage in party politics, but rather stand up for our members and the business community on issues that matter to them.

We will do our utmost to engage with the new government as we do with the government in Wales, but it has to be said that stability must now be the order of the day. With the Prime Minister’s intentions to govern as a minority, the government must recognise that they have not earned a mandate to implement their manifesto in full.  Whilst Brexit and the forthcoming negotiations will be uppermost in their minds, we must also address long term issues such as renewing the UK’s infrastructure, ensuring our education system keeps up with our international competitors and that the UK’s tax system is competitive and reflective of today’s economy.

Business leaders will be aware that parliaments without majorities are prone to point scoring and squabbling. This must be avoided at all costs and both sides must now swallow their pride and work on a cross party basis to deliver on the important issues.

Robert Lloyd Grifftiths OBE

Director - IoD Wales

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