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mo4ch:>Siemens UK boss says no-deal Brexit does not look good

Siemens UK boss says no-deal Brexit does not look good

Siemens UK boss says no-deal Brexit does not look good





20 June 2018



Related TopicsBrexit





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Reuters



The UK should should remain in the customs union after Brexit unless there is a proper alternative, the boss of Siemens UK has said.Jürgen Maier, chief executive of the German firm's UK operations, told Reuters contingency planning for Brexit was "very difficult" as "we don't know... what we are planning for".Prime Minister Theresa May has ruled out staying in the customs union.Mr Maier told Reuters a "no deal" scenario "doesn't look very good".Negotiators in London and Brussels are aiming to reach a final Brexit deal in October, so that it can be ratified by 29 March when the UK is due to leave the EU.


"We need to put something in place quickly that works and if that is not possible, and until that point, then we have to just default to staying in the customs union,&quo…