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- The cost of card transactions between the UK and EU would "likely increase" in the event that Britain leaves the EU with no deal, the government has warned.
- Such increases could cost customers of firms like Uber, which processes UK journeys through its European headquarters in the Netherlands.
- The chances of a no deal Brexit appear to be rising, with many now believing that it is more likely than a deal being struck.
LONDON — The cost of card payments to the EU would likely increase under a no deal Brexit, the UK government has warned, meaning services such as Uber could get more expensive.
Brexit Secretary Dominic Raab and his department released a series of "no deal" planning papers on Thursday, covering everything from the City of London to customs arrangements.
See the rest of the story at Business Insider
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- One of the world's largest ratings agencies on Brexit: ¯\_(ツ)_/¯
SEE ALSO: Theresa May tells UK firms stockpile goods in warehouses under chaotic no deal Brexit
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