UK business chiefs want three-year deal before Brexit

British business leaders from companies including BT and Centrica said they wanted a three-year Brexit transitional deal to protect jobs in Britain and Europe.

In a letter organised by the Confederation of British Industry, more than 100 companies employing a total of more than one million people in Britain and the European Union said they needed to make decisions now about investment that will affect jobs in the future.

“Until transitional arrangements can be agreed and trade discussed the risk of ‘no deal’ remains real and has to be planned for, with inevitable consequences for jobs and growth on both sides,” it said.