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'Not many businesses are likely to be ready for Brexit on 1 January'

Government
Sophie Griffiths
14 October 2020

The boss of Cosmos has warned “not many businesses are likely to be ready” for Brexit at the start of next year, when the transition period comes to an end.

Journalist Simon Calder described Brexit as the “most brazen piece of political opportunism"

Speaking at the Abta Travel Convention in a session exploring “Brexit preparedness”, Giles Hawke said having to prepare for Brexit while also operating under the shadow of Covid was a “huge challenge”, especially given the lack of a deal agreed between the UK and EU.

“One of the big challenges we’ve got is that we don’t know if there’s going to be a deal or no deal. We’re hoping there is some form of deal because that should give us some sort of clarity and a little bit of certainty - a no deal throws things into complete disarray. Every company needs to look at exactly what the bare bones of leaving the EU are.”