"This great transformation of our economy promised six years ago and you’re saying it’s the end of the common agricultural policy".
Brexit has failed to deliver any notable economic benefits, more than six years after the vote to leave the EU, David Davis has admitted.
The day after the British government signalled a ramping-up of preparations to leave the European Union without an agreement, two reports have called into question the readiness for a no-deal Brexit.
The UK risks "crashing out" of 40 trade agreements spanning five continents in the event of a no-deal Brexit, a business organisation has warned.
No-deal Brexit would be 'catastrophic' for British businesses after pandemic, warns CBI boss
11/06/2020
Dame Carolyn Fairbairn likens walking away from trade talks to ‘setting fire to the garden shed’ when the house is already in flames.
Carolyn Fairbairn says many businesses cannot prepare for no deal during Covid-19 crisis.
Goods dispatched in coming days may not arrive until after 29 March deadline.
No-deal outcome to hurt every UK region with northeast England hit hardest, study predicts
22/01/2019
Areas more heavily reliant on exports and manufacturing likely to be most severely damaged, Confederation of British Industry finds.
The Northern Ireland Protocol can give the region an economic advantage but will require further moves by both sides, the head of the UK's biggest business association has said.
Northern Ireland's Assembly will meet on Monday after a successful petition to recall members back to Stormont.
New orders fell and outlook for the year ahead remains gloomy.
High-profile Brexit backer Lord Simon Wolfson has renewed calls for the Government to let in more foreign workers to alleviate labour shortages that have plagued Scottish firms and the wider UK business community.
UK businesses that trade with Europe are continuing to have a tough time because of post-Brexit bureaucracy, according to an investigation carried out by the Financial Times.
Recruitment gap hitting hotels and restaurants as well as transport, CBI says.
Even after years of division and vitriol, it seems like Britain still needs to talk about Brexit. / More than six years after voting to leave the European Union, the UK is facing a prolonged recession and a deep cost-of-living crisis. Last week’s Autumn Statement heralded years of higher taxes and cuts to public spending.
Talk of Swiss deals, EU rapprochement, and Sunak’s denials can’t hide the stone cold reality of Brexit
23/11/2022
‘One of the biggest blows to our productivity – and a self-inflicted one – was leaving Europe’s single market,’ says Michael Day.
David Hencke reports on the growing problems experienced by firms trading with the EU and the lack of help from the Vote Leave Government.
The CBI has responded to the publication of the Withdrawal Agreement and Political Declaration.
17/10/2019
“Frictionless EU trade and regulatory alignment is vital for UK prosperity and jobs. The deal remains inadequate on services, which make up 80% of the UK economy. And big questions remain about the feasibility of negotiating a new trade agreement deep enough in a 14-month transition period."
CBI warns uncertainty is crippling UK economy with country at risk of lagging behind G7 competitors.
Iain Duncan Smith is accused of "repeating tired, old nonsense" following an attack on the Confederation of British Industry. / Theresa May has witnessed another attack by a Tory Brexiteer on business after former Conservative leader Iain Duncan Smith linked the UK's biggest business lobby group to Nazi appeasement.
Non-disclosure deals would bind those joining expert trade advisory groups for at least seven years, Sky News has learned.
"Around half of the fiscal hole, and the political instability that comes with that, is down to Brexit," John Springford of the Centre for European Reform.
CBI warns Boris Johnson that Britain needs a deal as it is already facing impact of Covid
The UK economy contracted 0.2% between April and June, its worst performance since 2012, the Office for National Statistics said.