Business leaders seek clarity over transitional arrangements as new figures point to slowdown for carmakers
British manufacturers are fast approaching a “tipping point” where a lack of certainty over the direction of Brexit negotiations will force them to make painful cuts whatever the outcome, they say.
The stark warning, due to be delivered on Tuesday by Engineering Employers’ Federation chief executive Terry Scuoler, comes as business leaders begin a week of crunch meetings with government ministers to try to force the pace of thinking over how to ensure economic stability when Britain leaves the European Union.
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