UK Finance responds to European Council summit on Article 50 extension

Commenting following the European Council conclusions on extending Article 50, Chief Executive of UK Finance Stephen Jones said:

The government has been granted an opportunity to avoid a disastrous ?no-deal? that could cause significant economic damage to the UK and EU.

"MPs on all sides of the House must now work together and pull the UK back from the precipice by finding a majority for a way forward.

"Failure to do so would be a reckless gamble with the country's future prosperity.

Area of expertise:

Notes to editor

<p>1. UK Finance is the collective voice for the banking and finance industry. Representing more than 250 firms across the industry, we act to enhance competitiveness, support customers and facilitate innovation. </p>
<p> 2. UK Finance recently launched its <a href="… Talk Business</strong></a> campaign, which provides extensive guidance to help SMEs prepare for the changes ahead and consider any financing needs.</p>