Business leaders warn of pressing need for government to agree plan to minimise risks of chaotic, cliff-edge departure

Ministers need to stop feuding and agree on the shape of the transitional deal Britain wants before any future trading relationship with the EU is finalised, business leaders have warned.

“There is an urgent need for government to engage properly on the most imminent risk to business from Brexit: what happens, or doesn’t, on Brexit day,” the Institute of Directors (IoD) said in a report assessing transition period options.

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