CBI and TUC come together to urge Plan B on Brexit

The UK economy is in ‘crisis’ and the Prime Minister must change her Brexit approach, according to a joint letter from the CBI and TUC.

In a rare move, the bodies representing bosses and workers have come together to call on Theresa May to adopt a ‘Plan B’.

In an open letter, the two organisations warn of an “economic shock” from a no-deal exit from the EU.

The letter reads: “Together we represent millions of workers and tens of thousands of businesses. It is on their behalf that we are writing to you to ask you to change your Brexit approach.

Our country is facing a national emergency. Decisions of recent days have caused the risk of no deal to soar. Firms and communities across the UK are not ready for this outcome. The shock to our economy would be felt by generations to come.”

The CBI and TUC are pressing for an urgent meeting with the Prime Minister ahead of 29 March, when the UK had been scheduled to leave the EU.

The letter continues: “We ask you to take three steps to protect the jobs, rights and livelihoods of ordinary working people.

“First, avoiding no deal is paramount. Businesses and employees alike need to see their Government clearly acknowledge the reckless damage no deal would cause and recommit itself to avoiding this outcome.

“Second, securing an extension has become essential. 88% of CBI members and a majority in Parliament agree this is better than no deal. But at the same time an extension must genuinely allow a way forwards, and be long enough for a deal to be agreed.

“Third, ‘the current deal or no deal’ must not be the only choice. A Plan B must be found – one that protects workers, the economy and an open Irish border, commands a parliamentary majority, and is negotiable with the EU. A new approach is needed to secure this – whether through indicative votes or another mechanism for compromise.

“We cannot overstate the gravity of this crisis for firms and working people. We request an urgent meeting with you to discuss our concerns and hear your response.”

The letter is signed by TUC general secretary Frances O’Grady and CBI director-general Carolyn Fairbairn.

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