Paul Drechsler, president of the CBI, attacked Brexiteers who argued Britain could painlessly pull out of negotiations WILL OLIVER/EPACompanies based in Britain will start relocating jobs unless Theresa May secures the outline of a transition deal at next week’s EU summit, employers have warned. Piling further pressure on the prime minister, the president of the CBI said last night that 60 per cent of firms with Brexit contingency plans would activate them by Easter unless the European Council summit gave the go-ahead for trade and transition talks. Paul Drechsler said that investment would also suffer and Brexit uncertainty was looming “over almost every aspect of doing business in the UK”. “In the immediate term, business needs to know the details of any transition deal — Rome is burning on that issue,” he told the City of London Corporation. “We need progress at the EU…

Source: The Times December 07, 2017 00:04 UTC