Business chief speaks out about transitional period to adjust to Brexit — Vince Cable shredded after calls for ‘exit from Brexit’ — May to stay as PM until at least 2020

A TRANSITION period with the European Union is needed for at least two years after Brexit to avoid “shocks”, a business chief has insisted.
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PUBLISHED: 12:45, Sat, Jul 22, 2017 | UPDATED: 12:55, Sat, Jul 22, 2017
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Business chief calls for transitional period to adjust to Brexit

Herman Schey, chief executive of a worldwide timber business, said he did not want to find out about the outcome of the Brexit negotiations and then have no time to prepare for changes.Speaking on Channel 4 News, Mr Schey, of Tradelink Wood Products, said without a transition period with the Brussels bloc, businesses would not be able to organise efficiently.

He said: “Certainly a transition period, at least two years, I think would be a good thing. Nobody likes shocks.

“When I talk about shocks, I would rather not find out when they finalise the Brexit negotiations and then have a very short time to organise things.”

Herman Schey David DavisCHANNEL 4 NEWS

Business chief Herman Schey called for a two year transition period after Brexit

Certainly a transition period, at least two years, I think would be a good thing

Herman Schey, chief executive of Tradelink Wood Products

Asked if he thought the Government could tie up everything over the two year timeframe, he added: “Even if they do everything, we’ll only find out and then we’ve got no time to adjust.”Meanwhile, a seething Brexiteer hit out at the possibility of a two-year transition deal, calling on the Government to “grow some balls” in a passionate rant.

LBC caller Martin from Marylebone told host Matt Frei he did not care about any possible economic “fallout” and insisted “our borders should be closed already”.

The comments come after The Times reported that Theresa May was ready to offer EU citizens free movement for up to two years after Britain breaks from the bloc.The listener said: “I’m absolutely livid, furious, I can’t believe that this is even in the arena.

“I voted like many people for two issues really which is – [we] don’t want to be governed by Europe, no I definitely do not, I don’t care whether there’s a little bit of a fallout on the economic side of it.

There was no immediate response from Downing Street to the reports that Mrs May is ready to see free movement continue beyond the due date for withdrawal from the European Union.But she stressed her backing for an implementation period when speaking with business leaders who attended the first of a series of quarterly Downing Street forums on Brexit.

http://www.express.co.uk/news/uk/831706/Brexit-eu-uk-gina-miller-business-theresa-may-industry-europe-barnier-brussels-european

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