The CBI unpacks a hectic weeks in UK politics, including government securing a Brexit deal and now requesting an extension to the 31 October deadline.
Last week, the UK government secured a Brexit deal with the EU. The CBI has given the deal a ‘cautious welcome.’ The deal unlocks a transition period, guarantees the rights of the four million citizens living abroad in the UK and EU, and critically avoids a damaging no deal Brexit. But it is far from perfect. As it stands, businesses have concerns about the direction of the future UK-EU relationship, and how the deal will work for the economy. You can read our latest analysis on what the Brexit deal means for business here.
Yesterday’s parliamentary drama saw MPs back a Brexit deal in principle for the first time. But they rejected the breakneck three-day timetable the government proposed for scrutinising the deal– ruling out any chance Boris Johnson had of passing his deal by 31 October. Following this defeat, the government paused the parliamentary process while they await the deci
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