Thread: Brexit (Old)
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Old 25-07-2018, 19:31   #697
1andrew1
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Re: Brexit Discussion (New thread-Follow First Post Rules!)
Some good news if we're to avoid a no-deal Brexit.

Quote:
Brexit could go to extra time: Article 50 process may be extended to avoid cliff-edge exit, says Irish deputy PM
Britain could be offered extra time to strike a Brexit trade deal to avoid the economic havoc of crashing out of the EU, it emerged today.
With emergency plans being made to secure food supplies and stockpile medicines, Theresa May faces a race against time to clinch an agreement by March next year.
https://www.standard.co.uk/news/poli...-a3895901.html

Let's not pretend that a no-deal Brexit makes any kind of sense.

Quote:
Trade with the EU would switch to World Trade Organization terms, raising customs checks and tariffs overnight. Capital could flee the City of London, followed by a run on the pound. Food supplies would be at risk because of the uncertainty over certification and standards. The UK’s ports and airports would be thrown into disarray. The list is endless, and no amount of wishful thinking can overcome this reality.
Nevertheless, the May government is putting on a stern face, insisting that the British spirit will triumph against all odds.
Dominic Raab, eager to make his mark as the new Brexit secretary, says the UK is ready to walk away from negotiations and take off the table its £39bn Brexit divorce payment. He is also ramping up preparations for a no-deal Brexit and will publish more details this week.
All this ignores what we have learnt from the negotiations to date. The EU holds the highest cards. On every issue of substance, the UK has folded.
https://www.ft.com/content/0ebec84c-...f-a6a2f7bca546
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