Commenting on the resignation of Prime Minister Liz Truss, Stephen Marcos Jones, CEO of the Association for Consultancy and Engineering (ACE), which represents the companies who design, deliver and manage our national infrastructure and built environment, said:

“The backdrop of political uncertainty of the last few weeks has made it almost impossible for businesses to plan, further compounding the macro-economic challenges we are facing.

“It is vital that the process to appoint a new Prime Minister is both decisive and swift, and that we return to a more measured political environment which gives businesses full confidence in the decisions taken by our Government.

“With this in mind, we hope that the positive steps on expediating 100 infrastructure projects, the intention to simplify the planning process, and the establishment of new investment zones – previously announced in the fiscal statement – are maintained by the next Prime Minister and new Chancellor Jeremy Hunt. We look forward to seeing this confirmed at the Mini-Budget a week on Monday.”