Mike Ashleys Frasers Group in Debenhams rescue talks; Brexit fears hit pound – business live – The Guardian

Minette Batters, the president of the National Farmers’ Union, said reaching a deal was critical for protecting farmers’ access to the EU, which is the UK’s biggest market where 70% of agricultural food exports are sold.

“It is critically important that both the UK and EU continue to negotiate on a free trade agreement and prioritise securing a tariff-free, quota-free deal as soon as possible,” she said.

“There will be significant disruption for British food and farming if there is no deal at the end of the transition period.”

Company bosses said there were still big outstanding issues. Stephen Phipson, the chief executive of the manufacturers’ organisation Make UK, said industry would never have foreseen it would be in this position, with manufacturing companies still unable in very large part to prepare….