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EU must move faster to prepare for no-deal Brexit risk - CBI
The European Union is less prepared for a no-deal Brexit than Britain, potentially leaving British firms at a disadvantage if there is no transition agreement and weakening London’s hand in future trade talks, a British employers group said. The EU, with the exception of Ireland, lags behind Britain in its no-deal preparations “by some way”, the Confederation of British Industry said on Sunday. “The combination of the EU and UK’s different approaches creates an imbalance, where EU goods and services exports will have easier access to the UK than UK goods and services exports will to the EU,” the CBI said ... (full story)