24-05-2018 16:48 via uk.news.yahoo.com

Brexit customs plan could cost UK aerospace/defence industry £2.3 billion - trade body

Britain's aerospace and defence industry could face extra costs of 2.3 billion pounds ($3 billion) to comply with the customs arrangement favoured by some Brexit supporters within the cabinet, according to forecasts by trade body ADS.Britain's future customs arrangement with the European Union is a matter for debate within Prime Minister Theresa May's cabinet, between those who favour a clean break with Europe and those willing to accept closer cooperation with Brussels.The customs arrangement k
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