With Brexit uncertainty rife, the CBI has analysed the potential impact each parliamentary decision could have on British business.
This latest CBI analysis has been sent to MPs, urging them to consider business' best interests when voting on Brexit alternatives in the wake of the Prime Minister's deal being rejected for the third time.
It is vital that parliamentarians show the country compromise is possible and coalesce around a deal that can carry a majority in the House of Commons, is feasibly negotiable in Brussels, and works for jobs in communities across the UK.
The CBI's analysis covers the following four workable options for business:
- European Economic Area and Customs Union
- Customs Union and Negotiated Agreement
- European Economic Area
- Negotiated Agreement
It also looks at two unacceptable options and what they would mean for business:
- Comprehensive Economic and Trade Agreement
- No deal