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Evening Standard
Evening Standard
Business
Sam Blewett

Brexit and political turmoil hindered investment in UK, minister concedes

Brexit Mel Stride United Kingdom Paul Drechsler Michael Gove ​​Rishi Sunak Britain
Narrow Water Point and Warrenpoint Port where the UK and Republic of Ireland share a border (Liam McBurney/PA) (Picture: PA Archive)

A Cabinet minister has conceded Brexit and the ensuing political turmoil under the Conservatives has delivered a blow to efforts to attract investment to the UK.

Work and Pensions Secretary Mel Stride accepted on Tuesday that creating “frictions” between Britain and the European Union will have had an impact.

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