UK manufacturing chief sees ‘no good news’ in Brexit extension

The latest Brexit delay means more uncertainty, frozen investment and lost customers for UK manufacturers. That's the verdict of Stephen Phipson, who represents 5,000 companies as chief executive officer of the MakeUK industry lobby group. Prime Minister Theresa May's agreement with the European Union to postpone Brexit to Oct 31 from April 12 leaves companies in limbo, he said in an interview. "There's no good news here - it's extended uncertainty," said Mr Phipson, whose words carry weight because many companies his group represents are based in Brexit-voting areas of central and northern England.