No-deal Brexit alarm as Business Secretary warns ‘many thousands of jobs’ will be destroyed in UK


Theresa May Greg Clark

“Many thousands of jobs” will be lost if the next prime minister delivers a no-deal Brexit, Greg Clark warns.
The Business Secretary said “everyone knows” that leaving the EU without a deal in October would inflict huge damage on many sectors and destroy thousands of jobs.
Prime ministerial candidates Boris Johnson and Jeremy Hunt have said they will take the UK out of the EU without a Brexit deal if necessary.
Johnson, the strong favourite to replace Theresa May, has said leaving on October 31 is “do or die” and played down the potential impact of a no-deal exit as “vanishingly inexpensive.”
There is growing concern that neither the government or business will be ready for a no-deal exit on Halloween.

Leaving the European Union without a deal in later this year will destroy “many thousands of jobs” in the United Kingdom, the Business Secretary Greg Clark has warned.

Boris Johnson, the strong favourite to replace May, has promised to take Britain out of the EU by October 31 “do or die,” and claimed this week that a no-deal Brexit would be “vanishingly inexpensive.”

However, when asked by Sky News on Friday how many jobs would be lost as a result of leaving the EU without a deal later this year, Clark said: “It’s many thousands of jobs. Everyone knows that.”

He added: “I think that every person who considers the evidence that companies have given, whether it’s in the automotive sector, whether it’s in the food sector, whether it’s in aerospace, whether it’s in industries up and down the country.

“You know if you become less efficient and your ability to trade is impeded then of course losing your competitiveness means that there will be jobs that will be lost.”

READ: The UK government’s no-deal Brexit preparations are “not happening quickly enough”
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Clark warned May’s successor that it was “hugely important” to leave the EU with a deal as failing to do so would “harm” the livelihoods of people across the country.

“In talking to businesses one of the things that most strikes me talking to men and women on the shop floor, working on production lines, their incomes and their livelihoods and those of their families depends on [a deal],” he said.

“Everyone accepts this is a very difficult challenge.

“When the country …read more


Source:: Business Insider

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