UK business says no Brexit deal not an option in EU talks

Bloomberg

UK companies are overwhelmingly opposed to Britain walking away from talks to leave the European Union without a deal, a survey by the British Chambers of Commerce shows.
More than a third of businesses want the UK to stay in the EU single market and customs union, according to the poll of 2,400 firms published on Monday. Almost 30 percent said a new comprehensive agreement would be best, while only 2 percent said that no deal, or a reversion to World Trade Organization rules, would be an acceptable objective.
“There is near-universal consensus that a deep and comprehensive agreement is needed,” said Adam Marshall, BCC director general. “‘No deal’ isn’t seen as a viable option.”
EU Chief Negotiator Michel Barnier said last week that Britain needs to do more to build trust if a deal is to be put in place before the two-year deadline expires. The BCC poll also showed that most companies would like a transitional arrangement before formal
divorce takes place.
The Brexit negotiations
are casting a shadow over the economic outlook as consumption, the driver of growth since the referendum last year, starts to weaken.