Businesses that trade with the EU need to take steps now to prepare for the possibility of a no-deal Brexit, a government minister has warned.
Financial Secretary to the Treasury Mel Stride told the BBC's Today programme "there is a call to action now".
HMRC has published an update to its advice on how firms should prepare for a no-deal scenario.
However, Mr Stride called the prospect of the UK leaving the EU without a deal an "unlikely event".
Speaking to the BBC, Mr Stride said: "The time is now, there is a call to action now.
"Those who are importing or exporting into and out of the EU 27, in the unlikely event that there is a no-deal at the end of March, will need to take certain steps. They need to do that now."
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