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<p>The Prime Minister has agreed to an extension to Article 50 until 31 October 2019
at the latest. This eliminates the risk of a near-term economic disruption as a result
of leaving the EU without a deal before that date.</p><p> </p><p>However, a responsible
government must plan for every eventuality, including a no deal scenario, that’s why
we’ve allocated £4bn for Brexit preparations.</p><p> </p><p>Meanwhile, as part of
modern industrial strategy, we are taking action to ensure that the UK remains one
of the most competitive locations in the world for manufacturing investment.</p>
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