Prepare for a no-deal Brexit in 30 days, firms are warned
Danske Bank chief economist Conor Lambe today warns firms to prepare for a no-deal Brexit as it downgraded its forecast for the economy to 0.9%.
Mr Lambe said there were still a number of possibilities for what might happen over the next 30 days, with the UK due to leave the EU on October 31.
Possibilities included a no-deal exit, a withdrawal agreement being reached, an extension of Article 50 period or a general election.
But predictions were "incredibly difficult". "Businesses should behave prudently and use this time to ensure they are as prepared as they can be for a worst-case scenario, no-deal Brexit, in case it occurs at the end of this month," he said.
Please log in or register with belfasttelegraph.co.uk for free access to this article.