Accountancy and regulation companies inform May – We want a Brexit deal on companies

LONDON (Reuters) – A bunch of main accountancy and regulation companies have known as on British Prime Minister Theresa May to strike a Brexit deal on companies that provides mutual recognition of laws and to forestall injury to the $250 billion (190.42 billion kilos) sector.

A mixed United Kingdom and European Union flag flies outdoors the Palace of Westminster in London, Britain, June 28, 2018. REUTERS/Toby Melville

The Professional and Business Services Council, which incorporates Allen & Overy, Clifford Chance, KPMG, EY and Deloitte, stated they would wish mutual recognition , merchandise and laws.

“Failing to negotiate these elements would impair our ability to provide our services with the same range, depth and speed our clients around the world experience today, damaging their businesses and putting our sectors at a distinct competitive disadvantage,” the council stated in a letter to May.

Reporting by Guy Faulconbridge; modifying by Michael Holden

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