U.K. Says Time Running Out for Brexit Preparation By Companies

  • Cabinet Minister Michael Gove starts campaign with businesses
  • Transition period with EU single market due to end in 75 days
U.K. Inc. Told to Prepare for ‘No Deal’ Brexit
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The U.K. government is urging companies to step up preparations for leaving the European Union trading bloc without a new deal in place in eight weeks.

Prime Minister Boris Johnson and Cabinet Minister Michael Gove will speak to business leaders on Monday and ask them to redouble their efforts, the government said in a statement. The Treasury is also writing to 200,000 traders about new customs and tax rules.