Adam Marshall, director general of British Chambers of Commerce, says a rushed deal could put UK companies at risk of takeover by US predators
A headlong rush into a “politically attractive” trade deal with the US risks exposing British companies to hostile takeovers and handing American firms the upper hand, one of Britain’s leading business figures has warned.
Adam Marshall, director general of the British Chambers of Commerce, said he was “distinctly uneasy” about the idea of a swift free-trade deal. Writing in today’s Observer, he calls on the government to focus on small “quick wins” to free up trade between Britain and the US. He says the pressing need is for a deal with the EU.