Firms deliver Brexit warning to May at Downing Street talks

Business groups from across the EU have warned Theresa May on the threat to investment and jobs without "urgent progress" in Brexit talks within the next two weeks. The delegation visited Downing Street to voice fears that current uncertainty over the UK's future trading relationship with the EU was damaging to firms across the continent. Business groups from countries including Germany, France and Ireland joined UK counterparts in urging both sides in the break-up to heed their united stance on the need for trade talks to be given the green light by EU leaders at their December summit in two weeks' time. They said a failure to agree a transition period by Christmas would risk more of their members triggering contingency plans for a cliff-edge Brexit in March 2019. :: Pound slips as May faces leadership pressure The EU's chief negotiator, Michel Barnier, declared on Friday that only "real and sincere progress" on the sticking points of citizens' rights, the Irish border and exit bill would be enough to recommend the start of the next phase of negotiations. Emma Marcegaglia, president of the lobbying group BusinessEurope, said after meeting the PM: "We don't want uncertainty, we are very concerned. :: Set your watches: official Brexit time revealed "We know that if companies don't see certainty probably they will have a contingency plan and probably they will leave the UK, or they will invest less. "So, these two weeks are extremely important." The CBI's director-general, Carolyn Fairbairn, called or "urgent progress" saying the current lack of clarity meant that some firms were already acting on their contingency plans. :: JPMorgan chiefs warn May of French Brexit raid She said: "With UK-EU trade worth more than €600bn (£534bn) each year, business groups from across Europe used today's meeting with the Prime Minister as a welcome opportunity to highlight the mutual importance of seeing real progress before Christmas. "All business organisations present reiterated the damage a 'no-deal' scenario would do to trade. "A transition period reflecting the current arrangements remains the priority on both sides of the Channel. "While businesses welcomed the Prime Minister's Florence speech, we now need to move beyond warm words if jobs, investment and living standards are to be protected." A Downing St spokesperson said of the discussions: "The Prime Minister reassured the group that Brexit meant the UK was leaving the EU, not Europe and reiterated her ambition for free and frictionless trade with the EU27 once the UK departs. "She also expressed her commitment to giving businesses the certainty they need by agreeing a time-limited implementation period as soon as possible."

TARGET AD 2
2017/11/13 BuzzyNews UK   Share on Facebook

RELATED VIDEOS

How Brexit Could Make Food Prices Skyrocket
Play Video

How Brexit Could Make Food Prices Skyrocket

2017/11/08
What did European business say to Theresa May about Brexit?
Play Video

What did European business say to Theresa May about Brexit?

2017/11/13
Will FRANKFURT replace THE CITY after BREXIT? - VisualPolitik EN
Play Video

Will FRANKFURT replace THE CITY after BREXIT? - VisualPolitik EN

2017/10/18
Brexit: Divorce Bill Row | Good Morning Britain
Play Video

Brexit: Divorce Bill Row | Good Morning Britain

2017/11/13
Yanis Varoufakis on Brexit:
Play Video

Yanis Varoufakis on Brexit: 'How can these smart people be so deluded' - BBC Newsnight

2017/05/03
Anna Soubry on Brexit and so called
Play Video

Anna Soubry on Brexit and so called 'Great Repeal Bill' (14Nov17)

2017/11/14
Brexit: "We will be ready if
Play Video

Brexit: "We will be ready if 'No Deal' happens"

2017/11/12
Play Video

'GRAVE CONSEQUENCES' Germany will lose BILLIONS in a Brexit no deal, warns business leader

2017/11/13
Play Video

'Do you STILL want to stop Brexit?' Marr grills Sadiq Khan over second referendum bid

2017/11/12
Play Video

'An absolute disgrace!' Brexiteer's speech provokes FURIOUS reaction from Remainer Soubry

2017/11/15
Sir Humphrey explains Brexit
Play Video

Sir Humphrey explains Brexit

2016/06/27
Brexit and trade: Economic effects of Brexit
Play Video

Brexit and trade: Economic effects of Brexit

2017/11/09
Play Video

'It's VERY obvious!' US author insists there is a 'fifth column' trying to OVERTURN Brexit

2017/11/13
Play Video

'You want us to join the euro!' Tory SLAPS DOWN Labour Remoaner in tetchy Brexit clash

2017/11/13
BREAKING - EU ILLUSION! London will th*** after Brexit, German business expert warns Brussels
Play Video

BREAKING - EU ILLUSION! London will th*** after Brexit, German business expert warns Brussels

2017/11/14
Why the EU should pay Britain in Brexit
Play Video

Why the EU should pay Britain in Brexit

2017/11/12
BREAKING - Spain hard Brexit PANIC as regions beg EU to save them from economic MELTDOWN
Play Video

BREAKING - Spain hard Brexit PANIC as regions beg EU to save them from economic MELTDOWN

2018/01/14
EU army is here and it belongs to Germany, Good luck BREXIT!
Play Video

EU army is here and it belongs to Germany, Good luck BREXIT!

2017/11/14
David McAllister zur EU-Verteidigungsunion und dem Brexit am 13.11.17
Play Video

David McAllister zur EU-Verteidigungsunion und dem Brexit am 13.11.17

2017/11/13
The CBI at Downing Street for Brexit
Play Video

The CBI at Downing Street for Brexit

2017/11/13
BREAKING NEWS - Meddling EU chiefs DE,MAND countries spend more to stabilise Eurozone
Play Video

BREAKING NEWS - Meddling EU chiefs DE,MAND countries spend more to stabilise Eurozone

2018/01/16
Earth Must Be Warned! Screams French Astronaut Before Suicide Attempt
Play Video

Earth Must Be Warned! Screams French Astronaut Before Suicide Attempt

2016/11/05
No Deal: Britain’s Brexit Bluff? | Inside Europe
Play Video

No Deal: Britain’s Brexit Bluff? | Inside Europe

2017/10/13
UK BREAKING NEWS - Brexit shock: No deal will cost EU £500billion
Play Video

UK BREAKING NEWS - Brexit shock: No deal will cost EU £500billion

2018/01/14
Play Video

'We OWN your economy' Brexiteer rebukes BBC guest for claim EU has NOTHING to lose

2017/11/12
‘You don’t ask for a REMATCH!’ Piers Morgan’s BRILLIANT put down of Gina Miller
Play Video

‘You don’t ask for a REMATCH!’ Piers Morgan’s BRILLIANT put down of Gina Miller

2018/01/12
UK given two-week ultimatum to make Brexit concessions
Play Video

UK given two-week ultimatum to make Brexit concessions

2017/11/11
Business, Brexit and the case of no deal - BBC Newsnight
Play Video

Business, Brexit and the case of no deal - BBC Newsnight

2017/10/27
Brexit:
Play Video

Brexit: 'Lose-lose situation for both sides' - BBC News

2017/11/09
Talking a new inflation high and Brexit warnings from the OECD
Play Video

Talking a new inflation high and Brexit warnings from the OECD

2017/10/17
BREAKING - No deal Brexit could be HURT by unprepared EU countries, warns UK
Play Video

BREAKING - No deal Brexit could be HURT by unprepared EU countries, warns UK's top ci,v,il servant

2018/01/16
Nigel Farage Awards Labour MP Frank Field “10 Out Of 10” For Brexit Speech
Play Video

Nigel Farage Awards Labour MP Frank Field “10 Out Of 10” For Brexit Speech

2017/11/14
Peter Bone vs Chuka Umunna on Brexit (10Nov17)
Play Video

Peter Bone vs Chuka Umunna on Brexit (10Nov17)

2017/11/10
Ken Clarke strong speech on #Brexit
Play Video

Ken Clarke strong speech on #Brexit

2017/11/14
Brexiteer John Redwood blasts
Play Video

Brexiteer John Redwood blasts 'CATASTROPHICALLY' wrong CBI during FIERY tirade

2017/11/13
Lord Digby Jones talks Brexit today and tomorrow
Play Video

Lord Digby Jones talks Brexit today and tomorrow

2017/10/30
WATCH: Daniel Hannan lashes Channel 4 host for saying UK is
Play Video

WATCH: Daniel Hannan lashes Channel 4 host for saying UK is 'vulnerable' in Brexit talks

2017/10/19
5 Reasons You Should Be AFRAID Of The EU
Play Video

5 Reasons You Should Be AFRAID Of The EU

2017/10/15
Brexit: Theresa May is vulnerable to problems in her cabinet without her majority
Play Video

Brexit: Theresa May is vulnerable to problems in her cabinet without her majority

2017/11/14
There will be no City Exodus Post Brexit
Play Video

There will be no City Exodus Post Brexit

2018/01/14
Wetherspoon Founder Tells Nigel: Watch How The Public Respond To EU Tariffs
Play Video

Wetherspoon Founder Tells Nigel: Watch How The Public Respond To EU Tariffs

2017/11/12
BREAKING -
Play Video

BREAKING - 'No power for member states' Nigel Farage reveals 'the EU's SCARY plans' for Europe

2018/01/15
Carillion threatens 1000s of jobs, Brexit to cost Scotland £12bn, UKIP Leader splits with Partner
Play Video

Carillion threatens 1000s of jobs, Brexit to cost Scotland £12bn, UKIP Leader splits with Partner

2018/01/15
Labour
Play Video

Labour's Brexit 'U-Turn' Discussed | Good Morning Britain

2017/11/13
BREAKING - ‘Remain is making all the arguments’ Nigel Farage warns that Brexit could be REVERSED
Play Video

BREAKING - ‘Remain is making all the arguments’ Nigel Farage warns that Brexit could be REVERSED

2018/01/14
Keir Starmer on what Labour wants from Brexit negotiations (13Nov17)
Play Video

Keir Starmer on what Labour wants from Brexit negotiations (13Nov17)

2017/11/13
Play Video

'Enormous arrogance' German MEP rages at Barnier for 'unfair' Brexit strategy towards UK

2017/11/11
Frank Field on the results of the 6th round of Brexit talks (Nov 10, 2017)
Play Video

Frank Field on the results of the 6th round of Brexit talks (Nov 10, 2017)

2017/11/10
Powered by YouTube

Disclaimer

None of the audio/visual content is hosted on this site. All media is embedded from other sites such as GoogleVideo, YouTube etc. Therefore, this site has no control over the copyright issues of the streaming media.

All issues concerning copyright violations should be aimed at the sites hosting the material. This site does not host any of the streaming media and the owner has not uploaded any of the material to the video hosting servers. Anyone can find the same content on Google Video or YouTube by themselves.

The owner of this site cannot know which documentaries are in public domain, which has been uploaded to e.g. YouTube by the owner and which has been uploaded without permission. The copyright owner must contact the source if he wants his material off the Internet completely.