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Brexit Uncertainty ‘Devastating’ U.K.’s Economic Relations

  • German companies looking for alternative sources of supply
  • Rejection of deal by British lawmakers ‘negligent’: minister
Outside A Vauxhall Plant As PSA Group Explores Acquisition Of General Motors Co.'s European Business
Photographer: Simon Dawson/Bloomberg

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Brexit-related uncertainty is “devastating” the U.K.’s economic relations with European partners and many buyers of British goods are actively looking for alternative sources of supply, according to a leading German business lobby.