The two companies have submitted a letter to UK lawmakers on Monday, stating that a no-deal Brexit would cause companies to lower their standards.

The biggest supermarkets in the UK and British Retail Consortium also signed the letter.

Food suppliers stated that the new tariffs would have devastating effects on the farmers.

World-famous companies from various sectors have been stating their concerns about Brexit.

Automotive giant Ford have recently stated that Brexit would cost $800 million for the company in 2019.

Tech company Sony is planning on moving its legal base in Europe from London to Amsterdam because of Brexit uncertainty.

Financial services companies are moving $1 trillion worth assets outside the country.

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KFC chain is planning to stop using antibiotics in its chicken supply, making it the last of the big three chicken restaurants to join the fight against dangerous antibiotic-resistant bacteria.

Approximately 14,000 restaurants has stoppped serving chicken raised with antibiotics.

Source: Euronews

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.