Industry Welcomes Extension to Avoid No Deal
Following the agreement between the UK and the EU on an extension of the Article 50 process to 31 October, ADS Chief Executive Paul Everitt said:
“Industry will welcome the extension agreed by the UK and EU last night, which avoids the chaos and disruption of a No Deal exit this week.
“Government and Parliament must use the time they have been granted constructively by working together to reach agreement on pragmatic solutions to the issues the country faces around Brexit.
“Industry has spent hundreds of millions of pounds preparing for the worst possible scenario of a No Deal Brexit and costs will continue to mount up as long as this threat remains.
“The current uncertainty must be put behind us, and the needs of businesses, workers and consumers given greater priority in political discussions and decision-making over Brexit.”