Firms to launch Brexit contingency plans before Christmas

The majority of British businesses are preparing to launch contingency plans before Christmas as hopes of a Brexit deal fade.A survey of 236 firms for the Confederation of British Industry (CBI) found that many will make "damaging" moves which will include cutting jobs and relocating work overseas.The survey focused on companies employing fewer than 500 people and it found that 82% of firms will start to implement their contingency plans by December if the Brexit process does not get any clearer