Davey: Government must give UK business time to adjust

The Leader of the Liberal Democrats Ed Davey has today written to the Prime Minister calling on him to negotiate an adjustment period for British business of three to six months regardless of what happens with the trade deal negotiations with the EU.

In the letter, Ed Davey warns the coronavirus crisis has already put British business under extraordinary pressure and any move which pushes them to a cliff edge on the 1st of January will create another wave of redundancies and misery for communities across the UK.

Leader of the Liberal Democrats Ed Davey said: “With only three and a half weeks until the end of the transition period, Boris Johnson still has a the opportunity to give businesses a chance to survive January if he can successfully negotiate an adjustment period of three to six months with the EU.

Liberal Democrat Leader Ed Davey

“By refusing to do this the Prime Minister is acting recklessly and putting his Brexit ideology ahead of the needs of millions businesses during the worst economic down turn in centuries.

“I hope he will look at this proposal seriously and give businesses a fighting chance to prepare for whatever is coming down the track in 2021, rather than being responsible for many more redundancies and and a new year full of anxiety for millions of families.”

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