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No deal Brexit threats are harming Britain and won't work, warns CBI chief

Carolyn Fairbairn
CBI chief Carolyn Fairbairn Credit: TOBY MELVILLE/REUTERS

The risk of a "no deal" Brexit is harming Britain “right now”, the head of the CBI has warned, adding that threatening to leave the EU without a deal “is a bit like saying ‘if you don’t do what I want, I’ll shoot my foot off’”.

“It’s not that the Brexit uncertainty and fear of no deal is going to have an impact in the future, it’s having it right now. This is a situation of enormous urgency,” said Carolyn Fairbairn, director-general of the business group.

Boris Johnson, the leading contender to be the next leader of the Conservative party and prime minister, has vowed that the country must leave the EU without further delay. "If I get in, we'll come out deal or no deal on October 31,” he said...

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