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Theresa May to meet EU business leaders to voice concerns about future of UK-EU trade

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European business leaders will meet British Prime Minister Theresa May later today to voice concerns about the future of UK-EU trade. Experts from groups including the CBI and BusinessEurope will stress the need for a transitional deal that preserves the status quo after Brexit.

They will urge the government to clarify the future relationship between the UK and the rest of the EU. The next round of Brexit talks is due to start in mid-December. They will meet Mrs May at No 10, as well as Business Secretary Greg Clark, Brexit Secretary David Davis and Economic Secretary to the Treasury Stephen Barclay.

The CBI and the Institute of Directors will be represented, as will business organisations from France, Germany, Spain, Italy, the Netherlands, Ireland, Sweden, Poland, the Czech Republic and Belgium. But there are concerns that future trade talks could collapse ahead of December’s EU summit. EU chief negotiator, Michel Barnier, has warned that the talks will only go ahead if the UK first clarifies its financial obligations to the EU.

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