British business has no party: it fears Brexit almost as much as it fears socialism

For years, the binary between left and right when it comes to business matters in British politics meant that the Conservatives were predominantly supported by that sector. Contemporary British politics, however, has become very difficult for British business, writes Iain McMenamin (Dublin City University). Today, both main parties have taken up positions which are distressing for British business, which is now caught in a bind between the left-wing socialist politics of Jeremy Corbyn and the nationalist foreign economic policy of Theresa May, he argues.