Leaving the European Union without a deal at the end of this month will force bu...
), Europe’s largest diabetes drug companies, for instance, have spent millions of pounds stockpiling insulin in Britain and are building new shipping and air freight routes.
Some drugs, such as Bayer’s radiopharmaceutical Xofigo against prostate cancer, would perish if stockpiled. Bayer is working on simplified customs arrangements with the British authorities. The government has also signed deals with ferry companies worth 86.6 million pounds to ensure the continued supply of medicines, and created a “Support Unit” to help suppliers of medical goods prepare and have customs paperwork in place.Britain and the EU have put measures in place to ensure that flights can continue in any exit scenario.
Airlines will also have to adjust to rules that mean those not majority owned by EU nationals face the threat of losing their right to fly within the bloc. Most major European airlines say they either comply with the rules or will curb the voting rights of non-EU shareholders in order to remain aloft.The National Farmers Union has described a no-deal Brexit as “catastrophic for British farming”. The EU is set to impose tariffs which could cripple trade in some products.
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