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Brexit impact could be years away, but UK firms told to prepare

Reuters  |  MANCHESTER, England 

By Huw JonesMANCHESTER, England (Reuters) - Britain's businesses may not feel the impact of Brexit for several years, but should not count on the country eventually striking a good trade deal with the rest of Europe, company treasurers were told at a conference on Tuesday. Paul Watters, head of corporate research for S&P Global Ratings, said his "working assumption" was for an orderly transition for Britain out of the European Union in 2019 - and that a compromise on eventual trading terms would emerge.Recent spats between UK and EU leaders over Brexit have raised fears over a "hard" or ...

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First Published: Tue, May 16 2017. 19:19 IST
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