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Creditsafe's CEO reveals frustrations over current Brexit deadlock

"Businesses need a plan. The deadlock in Westminster is not only damaging the international reputation of the UK, it is destructive for business."

Cato Syversen

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At Creditsafe we work with businesses across all sectors in many countries. What is clear is that If we do not have a customs union and membership of the EU single market, there are sectors of manufacturing in the United Kingdom which risk becoming extinct.  

We already know that Brexit has cost the UK economy billions of pounds in just three years, and once again we are at a point where we are just one week from a possible leave date.

As a company we provide businesses with intelligence data to enable them to research the customers and suppliers they trade with. We are seeing a substantial increase in the number of companies using our international reports. There has been a surge in UK businesses delving deeper into the ownership of private companies and it’s the same across Europe.

This uncertainty is damaging lots of people: I couldn’t run Creditsafe with the level of uncertainty that the Government are running the country with!

Businesses need a plan. The deadlock in Westminster is not only damaging the international reputation of the UK, it is destructive for business.

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