LONDON: British companies are ramping up preparations ahead of Brexit, spearheaded by the food and drink sectors stockpiling extra ingredients and bottles.
The government's own forecasts show Britain potentially running out of food and vital medicine - and seeing riots on the streets in the event of a 'no-deal' Brexit. Bank of England governor Mark Carney last month acknowledged"improvements in preparedness" but still forecast a shortfall in British GDP of 5.5 per cent in the event of no-deal.
However, the European Parliament's Brexit steering group have said that the proposals do not"represent the basis for an agreement".
Source: News Formal (newsformal.com)
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