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.

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