LONDON (Reuters) – Most British companies have made preparations for the top of the Brexit transition interval, cupboard workplace minister Michael Gove stated on Monday, including it was necessary they have been prepared for modifications to buying and selling and regulatory guidelines.
Requested if companies have been prepared for the top of the transition interval on Dec. 31, when Britain lastly leaves the European Union’s customs union and single market, Gove stated: “Sure. The overwhelming majority of companies have been preparing, completely.”
“I believe enterprise is broadly in an excellent place however inevitably with any change, with any transition, there are occasional bumpy moments.”
Reporting by Alistair Smout; Modifying by Gareth Jones