The British government is reportedly seeking help from the private sector in order to manage the upcoming Brexit trade negotiations.
According to the Financial Times, the British civil service has limited experience of complex trade negotiations compared to the EU’s “600 specialists”. At present, the UK is estimated to have just 20 active trade negotiators.
It has been reported that the government is seeking to second 700-750 negotiators in order to bridge the gap, something which is estimated to cost them £3.2million per day over the course of the next two years. This also works out as £1billion a year.
Companies such as PwC, KPMG, EY and McKinsey are all being sought after to help Whitehall in their attempts to broker a deal.
750 negotiators needed for Brexit – one of the most expensive self-inflicted disasters ever embarked on by a Gov pic.twitter.com/FJJgFDVYWy
— Colette Browne (@colettebrowne) July 4, 2016
At £600 an hour, I make the next two years will cost £3.2m PER DAY. Thanks Nigel, Boris, Michael et al ! https://t.co/26CLUjH6zZ
— Peter Frankopan (@peterfrankopan) July 4, 2016
@peterfrankopan call it £1bn a year, for at least two years. Who needs #experts, eh? Or a plan?
— Peter Frankopan (@peterfrankopan) July 4, 2016
Disaster.
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