The Chief Executive of EEF, the manufacturers’ organisation, Stephen Phipson, is travelling to Brussels (on Wednesday) to meet businesses and MEPs in the European Parliament.
Commenting on the current state of Brexit negotiations, Stephen Phipson, said:
“Companies in the UK and across the EU want to see a transition or implementation deal nailed down this side of Christmas. An opportunity to do so is in clear sight and political leaders across the spectrum must put the economic interests of the country front and centre in order to reach a sensible agreement.
“If this isn’t achieved, the ongoing uncertainty for business could be very costly for the UK in 2018. While international companies appreciate the nuances of complex negotiations, they will assess the situation based on the facts at hand and all they will be able to see is the probability of a cliff edge looming on the horizon.”