PM’s offer to delay Brexit spells further uncertainty for UK construction

The prime minister has pledged that MPs will have three chances to vote on the next stages of the process to leave the EU.

Theresa May promised the House of Commons to hold a meaningful vote on the withdrawal agreement on 12 March. If the deal fails, the Government will ask MPs on 13 March whether they support a ‘no-deal Brexit’. If the House of Commons rejects no-deal, MPs will have the opportunity to vote on 14 March on postponing Brexit until at least 30 June.

The National Federation of Builders (NFB) continues to think that the construction industry needs an orderly withdrawal from the EU, ending uncertainty for businesses. Although the prime minister’s announcement could postpone the imminent prospect of leaving without a deal, it does nothing to dispel uncertainty among construction businesses about the future.

Richard Beresford, chief executive of the NFB, said: “While the prime minister appears to be lining up the votes to make no-deal more unlikely, those pushing for a harder Brexit may just decide to cast their unchanged votes at a later date.

“Far from delivering certainty to thousands of construction companies, the prime minister’s announcement may end up delaying a no-deal Brexit by three months.

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

Marketing

How to use TikTok: Estate / Letting Agents

Even if you have yet to use it, or you assume it to be one of those social media platforms for youngsters, you will have most certainly heard of TikTok. The brand has certainly been hitting the headlines in recent months with much negatives thrown at it, from accusations of providing user data to the…
Read More
Marketing

How to Grow your Estate Agency Online

Believe it or not, many younger professionals now working in estate agency were born into the world of both the internet and social media… Those buying, selling and renting will also likely to have arrived in the era of the internet and some will have grown up with Youtube, Instagram and Facebook. Those born between…
Read More
Estate Agent Talk

Study reveals the top ten renovation projects Brits are planning this spring 

Kitchens are the most searched-for home renovation in the UK, with an average of 19,926 monthly queries. Bathrooms rank second, with 13,459 average monthly searches. Conservatories and sunrooms round out the top 10 most-searched home improvements ahead of spring.   As spring approaches, Brits everywhere start rejoicing. Flowers start blooming, temperatures get warmer, and the…
Read More
Estate Agent Talk

Attracting the Right Buyers: Digital Strategies for Real Estate Agencies

Okay, let’s talk approximately how real property companies have promoted houses in recent times. It’s not as adored as it used to be! They cannot just place up a signal and expect human beings to be exposed. We stay in a virtual world, and that means they want to use smart online strategies to locate…
Read More
Estate Agent Talk

5 Reasons to Invest in an Airbnb on the Isle of Wight

The Isle of Wight is one of the UK’s most beloved holiday destinations, offering stunning coastal views, historic sites, and a relaxed island lifestyle. With the rise of staycations and the increasing popularity of short-term rentals, investing in an Airbnb on the Isle of Wight presents a lucrative opportunity. Whether you’re a seasoned property investor…
Read More
Love or Hate Rightmove
Breaking News

25,000 first-time buyers set to miss stamp duty deadline and complete in April

Over 25,000 first-time buyers in England who are currently going through the process of legally completing on a property purchase are predicted to miss the stamp duty deadline on March 31st, and complete in April Nearly 74,000 movers in England in total are set to miss the deadline and complete in April, with a collective…
Read More