October 23, 2020

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British companies urge politicians to sign a Brexit deal …

British companies urge politicians to sign a Brexit deal ...

Boris Johnson

Photo: BELGAIMAGE

More than 70 supporters of UK industry, which together employ more than 7 million workers, are making last-minute efforts to convince politicians to return to the Brexit negotiating table. You want to prevent the United Kingdom from leaving the European Union without a trade deal, the Financial Times wrote on Sunday.

This includes representatives from farmers, retailers and the automotive industry. They hope that another compromise will be reached and a hard Brexit will be avoided. “A deal can be made with compromise and persistence. Companies are calling on executives from both sides to find a way, “the newspaper quoted the groups as saying in a statement.

It is very uncertain whether the difficult Brexit negotiations will continue. UK Prime Minister Boris Johnson said Friday the UK should prepare for it “No problem‘-Scenario. His spokesman added that the difficult London negotiations will be over unless the European Union takes a fundamentally different approach to the talks.

If the EU and the UK fail to reach a trade deal by December 31st, reciprocal trade will revert to the principles of the World Trade Organization. This creates additional obstacles, which is why there is a fear of significant economic damage.