Article 345VH German firms told to prepare for hard Brexit or face heavy losses

German firms told to prepare for hard Brexit or face heavy losses

by
Kate Connolly in Berlin
from on (#345VH)

Firms with presence in UK must make provisions for hard exit. Anything else is naive, warns trade chief

German firms operating in the UK must brace themselves for a "very hard Brexit", the Federation of German Industries has warned, as it called on its members to take precautions or be prepared to face heavy economic losses.

Related: Record number of Brits become German citizens amid Brexit fears

Related: German industry warns UK not to expect help in Brexit negotiations

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