Financial Times reports:

Boris Johnson’s promise to take Britain out of the EU with or without a deal on the scheduled Brexit date of October 31 has been undermined by a confidential cabinet note warning that the country is still far from prepared for the disruption of a disorderly exit.

The note, seen by the Financial Times, says the government needs six to eight months of engagement with the pharmaceutical industry “to ensure adequate arrangements are in place to build stockpiles of medicines by October 31”.

It also says that it would take “at least 4-5 months” to improve trader readiness for the new border checks that might be required, including the provision of financial incentives to encourage exporters and importers to register for new schemes. [Continue reading…]