Economics
Brexit Deal Could Help Unlock U.K. Investment, CBI Says
- Says government should take time to finalize wide-ranging deal
- Trade experts say Johnson’s proposals could be too ambitious
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Leaving the European Union with an “ambitious deal” on trade will help unlock U.K. investment and lead to a gradual improvement in growth, the Confederation of British Industry said Monday.
The CBI’s view, accompanying their latest economic forecasts, could boost Prime Minister Boris Johnson’s election campaign, which has focused on the need to “get Brexit done.” That’s despite the next stage of Britain’s departure from the EU set to be even more torturous than the current one, according to trade experts.