U.K. Must Stay in Customs Union With EU, Business Group Says
- CBI’s Fairbairn: ‘Time is running out’ for Brexit negotiations
- Brexit campaigners want freedom to strike new trade deals
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The U.K. should ensure it stays in a close and comprehensive customs agreement with the European Union, providing tariff-free trade in all goods after Brexit, according to the leader of a major business group.
Remaining in a customs union with the EU will be far more valuable than striking trade deals elsewhere, Carolyn Fairbairn, director general of the Confederation of British Industry, will say on Monday, based on excerpts from her prepared remarks.