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Britain prepares businesses for a no-deal Brexit
A Brexit painting on a building in Dover. Image: EPA / EPA
Britain urges British businessmen to prepare to leave the European Union (EU) without a deal. The British government announced on Sunday night that around 200,000 distributors would receive a letter setting out new tax and customs regulations.
“Make no mistake, there will be changes in just 75 days and time is running out for business,” said British Cabinet Minister Michael Gove. Now all must work together so that Britain can seize the new opportunities that would arise “from an independent trading nation with control over its own borders, territorial waters and laws.”
The British Chamber of Commerce (BCC) accused the government of being responsible for the lack of preparation of companies. “With the triple burden of a coronavirus resurgence, tighter restrictions and a disorderly exit from the EU after the transition period, it is no wonder companies are struggling to prepare,” said Adam Marshall, CEO of BCC.
Businesses are tired of constantly navigating new “cliffs and deadlines” as they grapple with fundamental challenges as a result of the coronavirus pandemic. He is still waiting for an agreement with the EU. “An agreement would give companies more clarity so they can plan.”
Ahead of the upcoming Brexit negotiations, the fronts between the EU and Britain have hardened. Over the weekend, both parties again accused of showing little willingness to compromise. (sda / reu)
