East Midlands Chamber calls for Government not to squander Brexit extension

Published on: Friday, 12th April 2019

In the wake of the EU vote to grant Britain a further six month extension to Article 50, the body representing business interests across the East Midlands has called for the Government to avoid squandering the opportunity.

Chief Executive Scott Knowles said that the extension buys some tome to come to an consensus, but called for politicians to urgently agree a way forward.   He said: "It would be a disaster for business confidence and investment if a similar late-night drama were to be played out again in October.

“Business doesn’t plan for days, weeks or months ahead, it makes strategies for three, five and even ten years ahead for investment in premises, plant and people.

“For nearly three years business has been stifled by the doubt and uncertainty of Brexit and now faces six more months without clarity on what the eventual outcome will be.

“These continued delays are damaging the UK’s reputation around the world, both politically and professionally. They need to stop so that business can regain the confidence to make longer-term investment plans.

“Our businesses and our communities need resolution on Brexit and for Government to return its focus to pressing domestic issues, which have been ignored or marginalised for too long.”

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