British business on Friday urged Prime Minister Boris Johnson to provide clarity and assurances on his Brexit deal, while stimulating the stalled UK economy, after his Conservative party's emphatic election victory.
"After three years of (political) gridlock, the prime minister has a clear mandate to govern," Carolyn Fairbairn, director general of the Confederation of British Industry (CBI), said in a statement.
"Businesses across the UK urge him to use it to rebuild confidence in our economy and break the cycle of uncertainty." Fairbairn said "early reassurance on Brexit will be vital", noting that "firms will continue to do all they can to prepare for Brexit, but will want to know they won't face another 'no deal' cliff-edge next year".
Britain is set to depart the EU by a deadline of January 31 thanks to Johnson's decisive victory in Thursday's general election.
But he still has to negotiate a new economic partnership with the bloc that remains Britain's biggest trading partner.
Catherine McGuinness, policy chair at the City of London Corporation, a local government authority for the capital's powerful financial district, pointed to "a long road ahead" on Brexit with Britain having to negotiate trade deals also with non-EU nations.
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"For the City, it is vital that the future framework agreement recognises the enormous contribution of the services sector, securing maximum market access and developing a structure for the UK economy to prosper in the years ahead," she added.
Johnson, whose general election campaign message was 'Get Brexit done', has promised to forge a Canada-style free trade agreement with the European Union, handing Britain greater freedom from EU rules but would involve more barriers and costs to trade.
"British companies... are eager for some clarity now," Jonathan Geldart, director general of the Institute of Directors, said on Friday.
"For directors, 'Get Brexit done' will only have meaning once the details of our long-term future relationship with the EU are clear." Geldart added: "The prime minister must resist the urge for arbitrary negotiating deadlines, and should commit to a proper adjustment period that starts when businesses know the full detail of what changes they may be facing."