The head of one of Germany’s leading industry lobby groups has warned that delays in launching the UK’s Brexit negotiations are prolonging the uncertainty hanging over the British economy and hitting investment plans.
In an interview with the FT, Eric Schweitzer, head of DIHK, the German chamber of commerce and industry, criticised the decision by Theresa May, UK prime minister, to postpone Brexit talks until next year and failing to set a specific date.
“The deadlock is creating a situation in which many investments are now held up and will not be carried out because people don’t know . . . what the conditions will be over three or four years,” Mr Schweitzer said.
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