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The 2017 General Election

On the 8th June, voters across the country went to the polls to elect their local MP. The results have changed the makeup of the UK’s Parliament and Government. We have a hung Parliament.

Given this uncertainty, the Thames Valley Chamber of Commerce will be working hard to represent businesses and press the urgent need for a business-friendly approach to negotiations and domestic policy.

What does this mean for businesses? No one party has over half of the seats in House of Commons. This means that the Conservatives are faced with three choices: rule as a minority Government, seek to form a coalition or call another General Election.

Parliament met for the first time on the 13th June; the Queen’s Speech took place on the 21st June. Brexit negotiations also began on the 19th June. This means that there is a pressing need for confirmation of how the UK will be governed moving forwards.

For businesses, this means more uncertainty, which is why we saw a fall in the value of the pound in immediate response to the result. It remains to be seen whether it will have an impact on investment and hiring decisions. Many local businesses have already weathered the political uncertainty caused by Brexit and the original announcement of the General Election with positivity and confidence.

Your Chamber On a national level we will be working closely with the British Chambers of Commerce to take our message to the heart of Westminster. We will be championing the need for stability and creating the conditions that businesses need to flourish.

On a local level we have written to all newly elected MPs in our region to offer them our support in proactively engaging with the local business community during the term of the forthcoming Parliament and encouraging them, and their colleagues in Parliament, to work towards ensuring the delivery of a ‘business friendly’ BREXIT, rather than a ‘hard’ or ‘soft’ BREXIT.

How has the Thames Valley voted?

Constituency Turnout

Aylesbury: 71.16% : 73.45% Beaconsfield: 72.26% Bracknell: 70.57% & : 77.12% Henley: 76.15% Maidenhead: 76.35% Newbury: 73.38% Oxford East: 68.78% Oxford West & Abingdon: 75.70% Reading East: 73.14% Reading West: 69.47% Slough: 65.20% North: 68.47% Swindon South: 70.83% Wantage: 72.49% Windsor: 73.27% : 73.65% Wokingham: 74.73% Wycombe: 69.39%

Who are your local MPs?

Aylesbury: MP (Conservative) Banbury: MP (Conservative) Beaconsfield: QC MP (Conservative) Bracknell: Dr MP (Conservative) Chesham & Amersham: Rt Hon MP (Conservative) Henley: MP (Conservative) Maidenhead: Rt Hon MP (Conservative) Newbury: Rt Hon Richard Benyon MP (Conservative) Oxford East: Anneliese Dodds MP (Labour) Oxford West & Abingdon: Layla Moran MP (Liberal Democrat) Reading East: Mathew Rodda MP (Labour) Reading West: MP (Conservative) Slough: Tan Dhesi MP (Labour) Swindon North: MP (Conservative) Swindon South: MP (Conservative) Wantage: Rt Hon Edward Vaizey MP (Conservative) Windsor: MP (Conservative) Witney: MP (Conservative) Wokingham: Rt Hon MP (Conservative) Wycombe: MP (Conservative)