What comes next? The business analysis of no deal

The CBI has supported government and business efforts to help prepare for a no deal exit by publishing practical steps the UK, EU and businesses can take to reduce the worst effects.

Recommendations from the report, ‘What comes next? The business analysis of no deal’, are based on a comprehensive study of existing plans laid out by the UK government, European Commission, member states and firms.

From this analysis, the CBI has come to three conclusions:

1. It’s time to escalate preparations. Having analysed Brexit preparations by the UK government, the European Commission, EU Member States and companies in the 27 areas of the UK’s relationship with the EU that are most important to businesses, the CBI has concluded that no one is ready for no deal.
2. Preparations can have a material impact. Working with its member businesses and Trade Associations, the CBI has compiled over 200 recommendations for reducing the harm of no deal.