. Meanwhile, a key survey of British manufacturers found that stockpiling is running at record levels as companies engage in “panic buying” because of Brexit.
EasyJet’s warning rippled through the airline sector, which is already reeling from the collapse of five European airlines in the past six months, including British regional carrier Flybmi. EasyJet said in a statement that “many unanswered questions surrounding Brexit” are driving weaker customer demand, which will continue for the rest of the year.
Earlier on Monday, BMW closed its Mini plant in Oxford for a month, citing the need to prepare for any disruptions related to Brexit. The company had announced the temporary closing several months ago, but workers hoped the move would be called off given that Brexit has been delayed beyond the initial March 29 deadline. The company said it couldn’t afford to change plans.
If brit businesses have waited until now to panic then I'd suggest they are 3 years late. They should have panicked BEFORE the referendum, and helped defeat brexit
That confusion is good for their bank accounts. As soon as they have finished filling their pockets they will get around to agreeing on a deal.