⏳ Final hours! Save up to 60% OFF InvestingProCLAIM SALE

UK business minister confident cabinet will agree Brexit customs plan on Friday

Published 05/07/2018, 14:29
© Reuters. FILE PHOTO: Britain's Secretary of State for Business, Energy and Industrial Strategy, Greg Clark, addresses the Northern Powerhouse Business Summit Boiler Shop in Newcastle

NEWCASTLE, England (Reuters) - British business minister Greg Clark said he was confident his colleagues would be able to agree a common position on a future customs deal with the European Union when Prime Minister Theresa May calls them together for a crunch meeting on Friday.

"I'm confident. I think everyone is clearly focused on making sure the deal we get is one that is going to support the jobs right across the economy," he told reporters after giving a speech in Newcastle, northern England.

"I think it's going to be a substantial discussion. I think it's right that it should be informed by the evidence of businesses," he added.

© Reuters. FILE PHOTO: Britain's Secretary of State for Business, Energy and Industrial Strategy, Greg Clark, addresses the Northern Powerhouse Business Summit Boiler Shop in Newcastle

Businesses have expressed concern that May's government is willing to sacrifice too much of Britain's close relationship with the EU in favour of potential future trade deals with non-EU countries.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.