The Confederation of British Industry and British Retail Consortium have welcomed the appointment of Boris Johnson as the new prime minister but warned of the issues facing business and retail more widely.
Johnson was elected leader of the Conservative Party and prime minister-designate earlier today with 92,153 votes from party members. He beat foreign secretary Jeremy Hunt who received 46,656 votes.
The MP for Uxbridge and South Ruislip and former London mayor will take over as prime minister from Theresa May tomorrow.
In his victory speech, Johnson said he was going to “energise the country [and] get Brexit done on October 31 and take advantage of all the opportunities it will bring with a new spirit of can-do”.
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