Three UK ministers assure businesses of speedy pact on Brexit transition

They talk of implementation period of "around two years," no change in terms of trade with rest of EU, free movement of Union's citizens

Three UK cabinet ministers promised a speedy agreement on a Brexit transition phase in an open letter to British businesses, seeking to give them certainty over the immediate future.

Britain wants an implementation period of “around two years,” during which the terms of trade with the EU’s other 27 members will remain unchanged, Chancellor of the Exchequer Philip Hammond, Brexit Secretary David Davis and Business Secretary Greg Clark wrote in the letter, published late on Friday by Davis’s department.

During the transition, Britain will also adhere to EU rules and regulations, and will allow the free movement of EU citizens, who will