UK’s May courts business seeking to avoid Brexit exodus | Reuters

By William James | LONDON LONDON Prime Minister Theresa May set out plans to get big business behind her Brexit strategy on Monday, toning down plans to put workers on company boards and promising to spend billions of pounds on science, technology and research. In return, May told business leaders at a conference hosted by the Confederation of British Industry, that they needed to keep up their own investment, embrace corporate governance reforms and help spread prosperity across the country.The strength of Britain's $2.3 trillion economy was thrown into doubt following the shock vote to leave the European Union, handing May the tasks of winning back an electorate fed up with the status quo and persuading businesses not to move abroad.Courting the support of business leaders who have bridled at her sometimes combative approach on issues such as tax avoidance and executive pay, May said that Britain's workers had demanded change by voting to leave the EU. "The reputation of business as a whole has been bruised," May said, citing research showing only 35 percent of low income workers trust business

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| Reuters appeared first on Firstpost.