Lack of Brexit Preparation 'Shocking', Says Cahn

With financial markets reeling from the U.K.’s vote to leave the European Union, business leaders are set to begin a furious round of lobbying to try to limit the fallout. Prime Minister David Cameron has called an emergency meeting Thursday of his Business Advisory Group, which includes chief executive officers of companies like BP Plc, Whitbread Plc and EasyJet Plc, according to a person familiar with the situation. On Tuesday afternoon, U.K. Business Secretary Sajid Javid has invited two dozen senior executives to a separate gathering. Former U.K. Trade & Investment CEO Andrew Cahn discusses trade implications with Bloomberg's Anna Edwards on "Countdown."

U.K.'s May Calls for Two-Year Brexit Transition Period
07:32 - U.K. Prime Minister Theresa May speaks in Florence, Italy on the need for a period of implementation after the nation leaves the European Union. (Source: Bloomberg)
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