According to reports, many FTSE 100 companies have refused to sign a letter praising the government’s approach to Brexit.
Having asked some of the UK’s biggest businesses for public support, Theresa May has been left rejected with many refusing to sign off on the government’s letter.
The letter, which was seen by Sky News, is expected to be published on Thursday and reads:
“We write as leaders of some of the UK’s most dynamic businesses operating in sectors as diverse as technology, financial services and advanced manufacturing.
“Some of us personally supported the remain or leave campaigns at last year’s referendum on EU membership, others did not make their positions public.
“But fifteen months later, we all share an understanding that Brexit is happening, a commitment to ensure that we make a success of the outcome for the whole country, and a confidence that a global Britain has the potential to become one of the most productive economies of the 21st century.
“This month the Government’s Repeal Bill will initiate a programme of legislation that will make Britain ready for life outside the EU.
“We believe this is a good time for employers to work with Government and Parliament to make a success of Brexit and secure a bright future for our country.
“We welcome the Government’s commitment to negotiating an interim period so that firms can ensure they are ready to adapt to the changing relationships and thrive under the new partnership being created with the EU.
“And as the UK makes progress towards establishing stronger trading links with markets like the US, India, Japan and Mexico, British businesses who know these markets well should stand ready to use their expertise and networks to cement future relationships.
“As business leaders, we have a duty to our shareholders and employees to continue to grow our businesses and ensure that they remain strong.
“As part of this we are also determined to see the UK continue to be a prosperous and united force for good in the world and are ready to play our full part to achieve this as Britain leaves the European Union.”
Several FTSE-100 executives expressed incredulity at the approach from Downing Street, with one saying: “There is no way we could sign this given the current state of chaos surrounding the (Brexit) talks.”
Sources said there was a request with the letter to sign it before the end of the week. It is possible that the published letter will differ from the leaked draft.
No companies have commented on the letter.