Here's how much Brexit trade negotiations will cost the UK 2 years ago

Here's how much Brexit trade negotiations will cost the UK

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.

Disaster.