“The prolonged period of uncertainty caused by the political stalemate has left small firms in limbo, with investment plans on hold and confidence low. But the important thing now is for MPs to focus next week on finding a way forward once and for all, which avoids leaving without a deal on 31 October and secures a transition period. The national chairman of the Federation of Small Businesses (FSB) Mike Cherry said: “Many small business owners will groan with frustration at the continued uncertainty over a Brexit deal. He will tell EU leaders there should be no delays and that they should reject Parliament’s letter asking for a delay." “The prime minister is clear that he will not negotiate a delay and says that the law doesn’t compel him to do so. As such, the government is said to be upping its no-deal preparations and is set to introduce legislation needed for the UK to leave the EU on 31 October. “The prospect of a no-deal Brexit is now becoming increasingly likely. Meanwhile, Nigel Green, CEO of deVere Group - one of the world’s largest independent financial advisors - said: “One of the most important days in British political history became something of a damp squib as the Letwin Amendment rendered the Meaningful Vote meaningless. Call our team in Europe +44 (0) 20 7780 4200 Call our team in Asia +65.
The company has invested 80mn in the new facility, which is situated on RMGs existing 175-acre site along the Calumet river on the southeast side of the city. By no means is there unanimity among business leaders on the path ahead, but avoiding a disorderly exit at the end of the month comes out clearly as a pressing priority,” said Jonathan Geldart, Director General of the Institute of Directors. RMG shredder in limbo as approval process drags on Published date. The paralysis of the current situation prevents directors from moving forward with plans for investment and growth. "The Brexit process has been frustrating and wearying for our members. It was tabled by independent MP Sir Oliver Letwin, which "withholds approval” for Johnson's Brexit deal until legislation implementing it has been passed. However, MPs voted 322 to 306 to back a motion designed to rule out a no-deal exit - which is what will happen if politicians do not agree to Johnson’s new deal with the EU. Johnson’s cabinet threatened to postpone a vote on a revised deal if politicians voted to drag out Britain’s exit from the 27-nation bloc, again. Johnson said in a speech "now is the time to get this thing done," adding that delaying past the Brexit deadline of 31 October would be "corrosive." UK prime minister Boris Johnson tried to convince MPs to support his agreement he made with the EU and MPs debated the proposal. The UK economy was delivered fresh blow again today as Members of Parliament (MP) backed a motion to further delay the process of Britain leaving the European Union.Įarlier today, dubbed Super Saturday, UK parliament held its first Saturday session in 37 years. Brexit concept image: Union Jack ripped into two pieces.
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