EU ‘lags behind’ on No Deal, warns CBI

THE European Union ‘lags behind’ Britain in preparing for a No Deal Brexit, the CBI warns today.

In a major report, the employers’ organisation issues 200 recommendations that both sides need to implement to limit the impact of No Deal on businesses and jobs.

The CBI, a staunch opponent of No Deal, warns that neither side is ready and urges both to step up efforts to strike a new deal.

The study rubbished the EU’s claim that it is much better prepared for the fallout of a No Deal this autumn. This will encourage senior Tories who believe the EU will be willing to make concessions if it believes the UK is serious about No Deal. A CBI spokesman said: ‘The report also highlights how – contrary to many claims –the EU lags behind the UK in seeking to prevent the worst effects of a No Deal scenario.’

The CBI urges Brussels to agree ‘temporary standstills’ on regulations and controls to avoid chaos.

And it says the UK should review ‘outdated’ advice for business by the middle of August, before launching a campaign to give firms ‘simple and clear’ advice.