UK needs EU transition deal to prevent business failures: Euler Hermes
A transition deal on goods and services between the UK and the European Union is needed to prevent a sharp rise in UK business insolvencies in 2019, according to Euler Hermes.
The trade credit insurer said a bridge solution in which the UK remains in the Single Market in exchange for EU contributions, is needed as the UK will officially exit the EU as soon as 2019.
Its
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