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'Political uncertainty won't dent the spirit of Britain's approach to business'

Laura  Barnes
'Political uncertainty won't dent the spirit of Britain's approach to business'

Cas Paton, the founder of online marketplace OnBuy, has reacted to the 2017 General Election result, saying it will not dent the entrepreneurship and spirit of British business.

Reacting to the result of a hung parliament, Paton believes the weak pound will see a renewed focus on trading within the UK.

“British businesses need stability, so in that sense a hung Parliament wasn’t the result some would have hoped for. However, as a British marketplace, we know that resilience and determination are in our country’s make-up,” said the entrepreneur and managing director of OnBuy.

“Just as the economy bounced back from the referendum vote, so will the channel remain strong despite this. In the field of e-commerce in particular we will see businesses continue to focus on the UK to guard against whatever might happen next.
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“Change always brings opportunities and with the cost of importing goods potentially rising post-Brexit, we think we will see a renewed focus on trading within the UK.

"Certainly at OnBuy we’ve seen no signs that political uncertainty ever dents the entrepreneurship and spirit that sums up Britain’s approach to business.”

Tags: Retail , OnBuy , Cas Paton , general election 2017

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