Brexit - we have a situation

British companies are setting up situation rooms to deal with what they fear could be a no-deal Brexit crisis.

AstraZeneca is boosting stockpiles of medicines, BMW is on the lookout for parking areas and warehousing, and P&O is shifting ship registration to Cyprus to maintain its tax arrangements in the EU.

“Forecasting the outcome of Brexit is a bit like trying to predict a greyhound race, there are no safe bets, James Stewart, head of Brexit at KPMG, tells Reuters.

“We continue to be heading for a no-deal scenario which is damaging, disruptive and chaotic to business, to manufacturers and consumers,” says Bob Sanguinetti, chief executive of the UK Chamber of Shipping.

The rise of tower gardens

The rise of tower gardens

Brexit downs London property