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Coronavirus leaves UK firms unprepared for no-deal Brexit

Coronavirus leaves UK firms unprepared for no-deal Brexit

A third of companies are in a worse position on facing the post-EU economy than in 2019, says thinktank

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Many companies are now less prepared for a no-deal Brexit than they were a year ago and have yet to make any preparations for such an outcome, ministers are being warned.

As a result of the coronavirus crisis, stockpiles have been wound down, Brexit-related staff redeployed and cashflows seriously depleted. Yet a potential no-deal outcome is now less than six months away.

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