All political parties must work together to deliver Brexit

The National Federation of Builders (NFB) believes that the House of Commons needs to work in the national interest to deliver Brexit.

This is in response to the European Council granting the UK an extension to Brexit until 31 October 2019. This means that the UK will remain a member of the EU for at least another 203 days and will have to hold elections to the European Parliament on 23 May 2019.

This is the second extension request granted by the EU, which became necessary after the Government was unable to get the withdrawal agreement approved by the House of Commons on three separate occasions.

The NFB has already expressed how leaving the EU without a deal could damage the UK construction industry more than the financial crisis of 2008, when 250,000 construction jobs were lost.

While the short-term danger has been averted, this further extension does nothing to dispel long-term business uncertainty in the construction industry and the economy at large.

Richard Beresford, chief executive of the NFB, said: “Brexit uncertainty cannot go on forever and we need all parties to set aside political differences and deliver a withdrawal agreement that restores certainty to the construction industry, to the country and our standing on the world stage.

National Federation of Builders

The National Federation of Builders is a United Kingdom trade association representing the interests of small and medium-sized building contractors in England and Wales.

You May Also Enjoy

Breaking News

Beach hut values fall for second consecutive year

The latest research from Yopa has found that beach hut prices have fallen for the second consecutive year across the UK’s most sought-after coastal locations, as the extraordinary growth seen in the years immediately following the pandemic continues to unwind. Yopa analysed the average asking price of beach huts across eight of the UK’s most…
Read More
Breaking News

Burnham’s property and land tax: what would it mean for property owners?

With reports suggesting that property and land taxes could be on the cards under Burnham,  Simon Gerrard, Chairman of Martyn Gerrard Estate Agents, comments on what these proposals could mean for homeowners, particularly those in London who are likely to bear the brunt of any changes, given the capital’s significantly higher property values.   On uncertainty:…
Read More
Property for sale
Breaking News

Homebuyers can save up to 47% by looking next door to the UK’s priciest postcodes

New research reveals how much less buyers could pay in postcodes neighbouring the UK’s most expensive locations Homes in these neighbouring areas are 28% cheaper on average, with the biggest gap reaching 47% in the North East Significant savings also seen in London, Scotland, Wales and Northern Ireland   Homebuyers could save up to 47%…
Read More
Finance

Your First-Time Buyer Mortgage Journey

Introduction Buying your first home is one of the biggest financial decisions you’ll ever make, and the mortgage process can feel like a maze of unfamiliar terms, forms and waiting. The good news is that mortgages for first-time buyers follow broadly the same path, and once you understand the stages involved, the process becomes far…
Read More
Breaking News

London property values set to fall

The latest market analysis from House Buyer Bureau has found that London is now the only region of Britain where house prices continue to trend downwards, with the average home in the capital forecast to lose almost another £5,000 in value before the end of the year should current market conditions persist. House Buyer Bureau…
Read More
Breaking News

London property values set to fall

The latest market analysis from House Buyer Bureau has found that London is now the only region of Britain where house prices continue to trend downwards, with the average home in the capital forecast to lose almost another £5,000 in value before the end of the year should current market conditions persist. House Buyer Bureau analysed…
Read More