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Firms told to prepare for no-deal Brexit

Businesses that trade with the EU need to take steps now to prepare for the possibility of a no-deal Brexit, a government minister has warned.

Financial Secretary to the Treasury Mel Stride told the BBC's Today programme "there is a call to action now".

HMRC has published an update ot its advice on how firms should prepare for a no-deal scenario.

However, Mr Stride called the prospect of the UK leaving the EU without a deal an "unlikely event".

Speaking to the BBC, Mr Stride said: "The time is now, there is a call to action now.

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BBC News

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