The British Property Federation has announced its support for the CBI’s proposal that the UK seeks to stay inside the EU single market and a customs union until a final deal is in force.
The head of the CBI, Carolyn Fairbairn, set out the lobby group’s Brexit deal demands ahead of a meeting today involving business groups and ministers.
The Making a Success of EU Exit summit at Chevening country house today will be hosted by the Brexit secretary David Davis.
Ahead of the summit, the BPF is calling for government to ensure certainty as Brexit negotiations unfold – to protect business and investor confidence.
Transitional arrangements, until the UK and EU have agreed a deal for a win-win scenario, will provide business continuity and avoid a damaging cliff edge for the economy.
BPF chief executive Melanie Leech said: “It is critical for the long-term health of the UK economy that the government maintains business and investor confidence as it negotiates a new relationship with the EU.
“Real estate underpins all economic activity in the UK and we support the CBI’s call for the government to ensure a smooth transition, providing businesses with certainty as soon as possible so that they will not face a cliff-edge scenario in 2019.”
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