UK govt says ‘no-deal’ Brexit would mean red tape, expense
LONDON — Businesses could face red tape at the border, customers could see higher credit card fees, patients could endure delays to medical treatment and there could even be a sperm shortage if Britain leaves the European Union next year without a deal, the U.K. government acknowledged Thursday.
But Prime Minister Theresa May’s Conservative government vowed it would limit the instability that could be triggered by a disorderly Brexit, releasing documents outlining its plans to cope.
Even if Britain crashes out of the bloc next year without a trade deal, its plans include unilaterally accepting some EU rules and giving EU financial services firms continued access to the U.K. market.
Brexit Secretary Dominic Raab said Britain was determined to “manage the risks and embrace the opportunities” of Brexit.