British businesses urge authorities to reach Brexit transition deal

British businesses urge authorities to reach Brexit transition deal

The British government is expected to act rapidly for the purpose of securing a Brexit transition deal, risk losing jobs as well as investment in Great Britain, as business leaders, who represent millions of employees, are due to warn.

As a matter of fact, in a draft letter due to be delivered to Brexit minister David Davis, UK five major business organizations told that a deal to provide a status quo transition was urgently required because British companies prepare to make investment decisions in the beginning of next year.

UK Prime Minister Theresa May has pledged to retain absolute access to the European track bloc’s single market for up to two years after Brexit just to restrict the disruption for British companies because they leave the EU, although the two sides are yet to negotiate the details.

Britain’s five major business groups joined the initiative. These were the British Chambers of Commerce, the EEF, the Institute of Directors, the CBI and the manufacturing group.  

Similar

Popular

Asian shares tumble with Japan markets shut

On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…

Greenback surges as yields soar

On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera