Firms to face chaos if Britain succumbs to a ‘no-deal Brexit’
Red tape, delays at the border, cash flow disruption — the pessimists highlight all the negatives, but the optimists say there is time to reach an agreement by March
London — British firms trading with the EU will face a tangle of red tape, possible delays at the border and cash flow disruption if the government is unable to negotiate an exit deal with Brussels before it leaves the bloc next March. The government published a series of notes advising people and businesses how to protect themselves from the potential disruption of a "no deal" break with the EU, from stockpiling drugs to new paperwork for trade. Britain has yet to reach an exit agreement with the EU with little more than seven months to go until March 29 when it leaves the bloc. Prime Minister Theresa May’s plan for a "business-friendly deal" has failed to impress negotiators in Brussels and has been heavily criticised at home. Nevertheless, both sides maintain they are aiming to reach a deal in time. Brexit minister Dominic Raab, in a speech marking the release of the paper, said he wanted to make sure Britain "goes from strength to strength, even in the unlikely event that we do ...
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