RYEDALE MP Kevin Hollinrake has said he will do everything he can to make sure the move to leave the European Union (EU) is done in a way that benefits local businesses and households.

Mr Hollinrake said: "We have the fifth strongest economy in the world and I have always said although our prospects were better in the EU, this country can survive outside.

"We have seen some knee-jerk reactions and although I think there will be some ups and downs, things will settle down."

In last Thursday's Referendum vote, Ryedale voted 17,710 in favour of leaving the European Union with 14,340 to remain. Turnout was 77.2 per cent.

Mr Hollinrake said he was pleased a firm timescale had been set up for choosing the next Conservative leader.

"I know many will be worried about the short-term impacts on their jobs and businesses, the status of UK citizens living abroad and those from other EU countries living and working here, but I do believe that we can successfully meet these concerns," he said.

Mark Chappell, chairman of Sylatech Ltd, which recently submitted plans for a new £7m production facility in Pickering, said the company remained committed to its planned development.

"We have a clear strategy to meet our growth potential and are in the very fortunate position of being one of a very small number of qualified and accredited suppliers with our specific skill set to our primary customers," he said.

"The risk to our business will be a contraction of the EU and the level of uncertainty created within the remaining member countries. I believe we will see a slow down in orders from Europe.

"As one of the larger employers in Ryedale we will inevitably shift our focus from growth to stability at a time of uncertainty, our property plans are part of the stability program and a foundation stone in the structuring of our future."

Carolyn Frank, a member of Helmsley in Business, said: “As a supporter of the Business For Britain campaign, I think the result is the right one for business. There will be a period of economic uncertainty as with any major political change, but I feel that long-term the prospects for the UK will be much better, and it's an exciting time to be a small business.”

Councillor Linda Cowling, leader of Ryedale District Council, said: “I am delighted at the outcome of the referendum - yet deeply disappointed that David Cameron felt he needed to resign. My own feelings reflect the result in Ryedale and nationally. Nobody thinks that the next few months and years will be easy, but both sides now need to work together to achieve the best result for our country.”