October 12, 2018 / 2:47 PM / 2 months ago

UK businesses want end to Brexit uncertainty - BoE's Ramsden

LONDON, Oct 12 (Reuters) - British businesses want an end to the uncertainty over the terms of Britain’s exit from the European Union, Bank of England Deputy Governor Dave Ramsden told the Northern Echo newspaper in an interview published on Friday.

Prime Minister Theresa May hopes to secure a Brexit transition deal within the next six weeks, and Ramsden said deadlines were nearing for business and the BoE’s own contingency planning.

“We are coming up to some key milestones in the negotiations where planning is having to be increased. They have to plan for these very challenging outcomes if there was a cliff-edge Brexit,” Ramsden said.

He spoke to the newspaper after visiting firms in northeast England including carmaker Nissan. (Reporting by David Milliken Editing by William Schomberg)

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