German firms must ready for very hard Brexit, says industry group

By REUTERS
October 5, 2017 10:45




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Breaking news. (photo credit: JPOST STAFF)

BERLIN, Oct 5 - German firms with a presence in Britain or Northern Ireland must make provisions for the possibility of a "very hard Brexit", the BDI industry association said on Thursday, adding it was concerned at progress in Britain's divorce talks with the EU.

"The British government is lacking a clear concept despite talking a lot," BDI Managing Director Joachim Lang said.

"German companies with a presence in Britain and Northern Ireland must now make provisions for the serious case of a very hard exit. Anything else would be naive," he said.


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