MPs urged to avoid no-deal Brexit ‘own goal’

Union flag and EU flagImage copyright Getty Images

Business groups have called on MPs to shut down the possibility of a no-deal Brexit after the prime minister’s EU withdrawal plan was again rejected by Parliament.

Finance industry body The City UK said a no-deal Brexit “would be an own goal of historic proportions”.

Business body the CBI called for the Brexit process to be extended “to close the door” on a no-deal Brexit.

The pound was volatile against the dollar after the vote.

Currency: Pound vs dollar