Brexit 'progress' is not easing exporters' fears

The latest twist in the Brexit saga, promising as it may be politically, does nothing to ease the plight of businesses trading with the UK.

The request by British prime minister Theresa May for an extension of the Brexit date to June 30 and the choreographically indirectly-leaked indicator from European Council president Donald Tusk, that a year-long flexible extension should be looked at, sets the scene for a further protraction in negotiations.