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News Release

JLL UK CEO comments on Theresa May’s Brexit speech

​January 17th 2016 – Commenting on today’s speech by the UK Prime Minister outlining her priorities for Brexit negotiations, JLL UK CEO Chris Ireland, said: “It is to be welcomed that we are finally hearing more detail about the Prime Minister’s vision for the UK outside of the EU. In outlining that she will be looking for a short term transitional deal she is showing that she understands that UK PLC needs certainty. This will remove the threat of a ‘cliff edge’ in which business has to adapt overnight to new customs and regulatory arrangements. Of course, achieving this will depend on a hefty amount of diplomacy to ensure goodwill and mutual respect between politicians in the UK and the EU.

“Seeking tariff-free trade and a customs agreement with the EU are quite rightly priorities in negotiation. While we recognise the huge opportunities for growing trade around the world, we must also accept that the Eurozone will remain our major trading partner for the foreseeable future. We also have to ensure that Britain remains open to talent and that seeking immigration controls does not jeopardise our economic growth.”