Responding to Business Secretary Andrew Leadsom’s interview on the Today programme this morning, Liberal Democrat Shadow Chancellor Ed Davey said:

"Andrea Leadsom has today confirmed that the Tories are not the party of business. We have already seen how the threat of Brexit is damaging our economy, yet the Tories still have no answers to businesses’ key questions, from future immigration policy to business rates.

"A Tory Brexit, backed by Donald Trump and Nigel Farage, would create a toxic environment for businesses yet they have no credible plan to mitigate this disaster. The real victims of their complacency will be small business owners, employees, and consumers who will face years more uncertainty.

"The Liberal Democrats will boost our businesses by stopping Brexit, rebuilding our infrastructure and using the Remain bonus from the higher growth of staying in the EU to invest in a brighter future for young people and adults across the United Kingdom.”

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