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EU leaders grant UK six-month Brexit ‘flextension’

City and finance
James Chapple
11 April 2019

The UK has been granted a second reprieve warding off a no-deal exit from the EU.

In the event of a no-deal Brexit, companies will not be able to move staff around Europe

EU leaders agreed a six-month “flextension” after hours of debate in Brussels on Wednesday (10 April).


A new 31 October deadline has been set, although the UK will be able to leave the union before then if prime minister Theresa May can gain enough support for her withdrawal agreement.


MPs, though, remain deadlocked on the issue, with cross-party talks ongoing but yet failing to come to any significant common ground.


The extension confirms the UK will now have to participate in European election in May, or face leaving the EU on 1 June without a deal.