The EU is ‘lagging behind’ UK in preparing for No Deal Brexit, business leaders will warn today
- Confederation of British Industry has warned neither EU or UK ready for No Deal
- Report contains 200 recommendations that both sides should implement
- Study rubbished the EU’s claim that it is much better prepared for the fallout
- CBI said UK should launched a campaign to give firms ‘simple and clear’ advice
The European Union ‘lags behind’ Britain in preparing for a No Deal Brexit, the CBI warns today.
In a major report, the employers’ organisation issues 200 recommendations that both sides need to implement to limit the impact of No Deal on businesses and jobs.
The CBI, a staunch opponent of No Deal, warns that neither side is ready and urges both to step up efforts to strike a new deal.
The study rubbished the EU’s claim that it is much better prepared for the fallout of a No Deal this autumn.
The Confederation of British Industry has warned that neither the EU or UK is ready and urges both to step up efforts to strike a new deal. Pictured is new Prime Minister Boris Johnson
This will encourage senior Tories who believe the EU will be willing to make concessions if it believes the UK is serious about No Deal.
A CBI spokesman said: ‘The report also highlights how – contrary to many claims –the EU lags behind the UK in seeking to prevent the worst effects of a No Deal scenario.’
The CBI urges Brussels to agree ‘temporary standstills’ on regulations and controls to avoid chaos.
And it says the UK should review ‘outdated’ advice for business by the middle of August, before launching a campaign to give firms ‘simple and clear’ advice.
The Prime Minister has told Michael Gove, pictured, to lead daily Cobra meetings in order to ensure Britain is ready for a No Deal departure on October 31
Deputy director general Josh Hardie said business was ‘desperate’ to get Brexit resolved, preferably with a deal.
He added: ‘It cannot be beyond the wit of the continent’s greatest negotiators to find a way through and agree a deal.
‘But until this becomes a reality, all must prepare to leave without one. The EU must come to the table and commit – at the very least – to matching the UK’s sensible mitigations.
‘Failure to do so will hurt all our economies. While the UK’s preparations to date are welcome, the unprecedented nature of Brexit means some aspects cannot be mitigated. We can reduce but not remove the damage of no deal.
‘It’s not just about queues at ports; the invisible impact of severing services trade overnight would harm firms across the country. Preparing for no deal is devilishly difficult. But it is right to prepare.’