- Title: Firms stack up Brexit warnings as May triggers divorce talks
- Date: 29th March 2017
- Summary: LONDON, ENGLAND, UNITED KINGDOM (MARCH 29, 2017) (REUTERS) SOUNDBITE (English) GARVAN WALSHE, CEO, BREXIT ANALYTICS, SAYING: "There's a big contrast between British business and American business. American business faced with Trump has actually been very vocal in defending its interest. British business so far has been very, very quiet. But the wrong kind of Brexit deal will be a huge blow to British business, particularly British business that trades with the EU. And unless British businesses get out there and start making their voices heard, politicians who need their support won't be able to show that business also needs a more moderate deal than the hardliners in the Conservative party are calling for right now."
- Embargoed: 12th April 2017 13:39
- Keywords: Ford Ryanair EU UK trade Article 50 Brexit
- Location: VARIOUS
- City: VARIOUS
- Country: United Kingdom
- Topics: Economic Events
- Reuters ID: LVA00C6A0IXXJ
- Aspect Ratio: 16:9
- Story Text: Ford and Ryanair warned on Wednesday (March 29) of the risks of Brexit including disruption to flights and tariffs on cars which could hurt Britain and damage businesses, on the day the prime minister was launching divorce proceedings from the EU.
U.S. carmaker Ford, Britain's biggest automotive engine-maker, low-cost airline Ryanair and German media group Bertlesmann issued warnings as Britain began two years of formal EU talks.
Ford, a major beneficiary of free trade across the continent where it builds cars in Germany and vans in Turkey, warned that Theresa May must retain unfettered trade.
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