UKFT chairman warns of Brexit deadlock
29/11/2017
Nigel Lugg said: “We need the UK and the EU to swiftly agree on citizens’ rights, financial issues and the Northern Irish border.
“Stability in terms of trade and investment is paramount for business, as they are starting to approach investment decisions for 2019 and beyond.”
He added that a solution that ensures the UK remains in the customs union and the single market for the duration of the transition period, with all appropriate rights and obligations, would be best to provide citizens and businesses with more certainty and predictability.
“To be effective, agreement on transitional arrangements is needed as soon as possible and definitely by the end of the year.”