BUSINESS leaders have demanded that Theresa May takes action to rule out the "worst aspects" of a hard Brexit break with the EU as it would do serious and lasting damage to the economy. Carolyn Fairbairn, director general of the Confederation of British Industry (CBI), said it was a matter of urgency because uncertainty was impacting on investment decisions. Fairbairn warned it was crucial for ministers to state that Britain would not be reduced to the basic tariff arrangements set down by the World Trade Organisation (WTO) when it is expected to exit the EU in 2019, and that the passporting system allowing easy ... (full story)