All political parties must work together to deliver Brexit

April 12, 2019

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

Two in five mortgage holders switched banks for a better mortgage deal

Of those who have a mortgage and switched banks, 41% did so to get a better mortgage rate deal and 30% did it to receive an incentive related to their mortgage Only 15% of people moving home switched their bank account during the move, while far more switched broadband (46%), energy (38%), and mobile phones…
Read More →
Breaking News

Housing market trends highlight a changing landscape

The housing market has seen many challenges across the year to date and, in many ways, the property landscape has been a year of two extremes already.   At the start of the year, there was a quiet but optimistic consumer confidence in the air.   However, with the global economy impacting almost every aspect…
Read More →
Breaking News

Mortgage rate rises loom as major lenders reprice

Major lenders have moved to increase mortgage rates to catch up with recent rises to swap rates, according to Moneyfactscompare.co.uk analysis.   Over the coming days, more lenders are expected to review mortgage rates in response to higher swap rates, with HSBC and NatWest so far the biggest banks to increase rates since the start…
Read More →
Breaking News

Average house price edged down in August

House prices in August 2026 were -0.4% lower compared to the same month a year earlier.   Average house price edged down in August as market remains subdued • House prices fell slightly in August ( -0.2%), following a -0.1% decrease in July • Average property price now £298,468 compared with £299,153 in July •…
Read More →
Estate Agent Talk

A derelict property will still set you back £240,000

The latest data from LandSale, the property portal dedicated to land and rural property, reveals that buyers looking to breathe new life into a derelict property could face an asking price as high as £237,500 on average, highlighting the substantial value still attached to redevelopment opportunities across Britain.   Britain continues to struggle with a severe…
Read More →
Estate Agent Talk

Selling an Inherited Property in Scotland: A Clear Guide

Selling an inherited property in Scotland can begin only once confirmation, the Scottish equivalent of probate, has been granted by the court. Until that legal authority is in place, the executor cannot complete a sale, so grasping the sequence early saves later frustration. Families who would rather not manage a long marketing process sometimes approach…
Read More →