Leaving the EU without a deal and reverting to World Trade Organisation (WTO) rules would open a Pandora’s Box of economic consequences, hurting firms on both sides of the Channel, the CBI has warned.
In a speech yesterday evening (Thursday 2 March) to the Lord Mayor’s Business and Investment dinner at Mansion House, CBI President Paul Drechsler argued that while business supports the government in securing an ambitious agreement with the EU, leaving without a deal and reverting to WTO rules would bring significant tariff and regulatory barriers to…
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