U.K. Risks Plunging ‘Off Cliff’ on Brexit, BT Chairman Says

  • BT chairman urges government to take its time on Brexit
  • Rake says Brexit worries starting to undermine U.K. bonds

Pound Rises as May Promises Parliament Vote on Brexit

The U.K. shouldn’t “walk off a cliff” as it leaves the European Union, BT Group Plc Chairman Michael Rake said in one of the most strident criticisms by a corporate leader of Prime Minister Theresa May’s response to the Brexit vote.

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