Swindon-based Brexit strategist Amelia Bishop says she fears the today's turmoil could have a big impact on business and see jobs lost. Here she explains why.

The growth prospects of British businesses hang in the balance due to political turmoil.

‘The risk of uncertainty is now in a worryingly heightened state and the consequences for our lives, livelihoods and businesses as we know them is in a potentially perilous place.

“We need to protect our staff, their families and livelihoods by increasing the resilience of our businesses though risk mitigation caused by the ongoing uncertainty as much as possible, we also need to step up our planning, review our strategies in line with the economic volatility and seek out opportunities.

"Whilst today is still unfolding, sterling reacted by tumbling from its stalled position on Thursday morning according to Reuters, after the long-awaited Brexit agreement was thrown into chaos.

"Thus far, five cabinet ministers quit on Thursday morning, bringing into question the stability of our government and its ability to continue in its current form.

Our Prime Minister Theresa May is doggedly defending her position on the proposed Brexit agreement against what seems virtually everyone in Parliament, risking making her position untenable.

"While the referendum choice was divisive, the political situation is deteriorating as we are now facing is a divided government, but surprising a more united parliament, against the proposed draft withdrawal agreement.

“I fear that due to the events of today, business contingency plans will now be invoked potentially causing investment to stall further, increased volatility of sterling and loss of jobs”

“We need to brace ourselves for bumpy roads ahead and Businesses need to plan now or risk disruption to their business.”