Business chiefs tell Theresa May to delay Brexit to avoid chaos in new report
‘British business chiefs have said Theresa May must consider delaying Brexit beyond March 2019, to avoid the chaos of an EU withdrawal for which the country is unprepared.
A report from one of the UK’s foremost business organisations said extending the negotiation period would be the “simplest solution”, to avoiding a disorderly Brexit that could do untold damage to the economy.
The proposal from the Institute of Directors (IoD) directly contradicts the Prime Minister’s goal of a clean break in two years, but was immediately backed by one of the country’s foremost business figures, Sir Martin Sorrell.
The IoD also proposed a string of other measures which fly in the face of Ms May’s plans, including a transition period in which the UK stays in the single market, remains under EU law and maintains existing customs arrangements.’
Read more: Business chiefs tell Theresa May to delay Brexit to avoid chaos in new report
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