Companies Start to Sweat Prospect of No-Deal Brexit as Deadline Looms
While some firms in U.K. and elsewhere fail to set plans for potential EU roadblocks, others stockpile goods like car parts, medicine—and oatmeal
LONDON—With Prime Minister Theresa May’s government in turmoil over the terms of a Brexit agreement, the prospect of “no deal” is getting real—spooking companies big and small, including some far from Britain’s shores.
Once seen as an unlikely outcome, the prospect of the U.K. crashing out of the European Union early next year without an agreement spelling out the terms of its exit is now being considered as a plausible scenario inside boardrooms.
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