Published: Wed, November 28, 2018
Money | By Arnold Ball

Britain will head into unknown if Brexit deal is rejected - May

Britain will head into unknown if Brexit deal is rejected - May

"It is no surprise some are already trying to lay down markers again for the future relationship, but they should be getting used to the answer by now: it is not going to happen". And, I don't think they want that at all.

She was loudly barracked by MPs as she insisted that no better deal was available than the Withdrawal Agreement and Political Declaration on future relations endorsed by European Union leaders in Brussels on Sunday.

"If ministers spent time preparing for a no deal scenario, rather than dreaming up silly scare stories, we could all make a success of our post-Brexit future".

Scotland is facing economic havoc under Brexit with major foreign investment in the country now "on hold" and a £1,600-per-head loss looming with Theresa May's European Union withdrawal deal, the First Minister has said.

But Labour leader Jeremy Corbyn said the Commons would have "very little choice" but to reject Mrs May's "botched" deal, which he described as "bad for this country".

"I can say to the House with absolute certainty that there is not a better deal available", May said.

Downing Street believes a direct appeal to voters will help get her controversial deal through the parliament, where 90 Tory members publicly stated that they will vote against the EU-UK agreement on how Britain will leave the regional bloc on March 29 next year.

The PM told her Cabinet at a meeting on Monday morning that Sunday's agreement was "a significant moment" which had proved wrong those who said it would not be possible to reach a deal.

He added: "When you meet them - and I met last week with a prominent Japanese company - they indicate that decisions on investment, for example being driven in Japan, by their head offices are decisions that are now very hard to get concluded".

The comments came after Mr Trump appeared to undermine Mrs May's Brexit deal.

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"That wouldn't be a good thing".

Despite the economic hit to the United Kingdom economy will suffer at the hands of Brexit, which will see each British person burdened by long-term economic costs in the range of £700 - £1100 a year, May's withdrawal agreement will hurt the country's economy far less than if it were to bail out without a deal, the report said.

"But right now, as the deal stands, they may not be able to trade with the USA, and I don't think they want that at all".

"Prime Minister I plead with you, the House of Commons has never ever surrendered to anybody and it won't start now".

"We hear anecdotal evidence every day of universities finding it harder to recruit people from other European countries because they've already decided to make judgments about what they're hearing and feeling about the Brexit process, so there is, I think, growing evidence of the adverse impact this kind of deal will have".

"We have already been laying the groundwork for an ambitious agreement with the USA through our joint working groups, which have met five times so far", the spokesman added.

"But, right now, as the deal stands she may not, they may not, be able to trade with the US".

The refusal to release the legal advice emerged as Sajid Javid, the Home Secretary, admitted that the Government is also unlikely to publish an.

The Labour boss has said he would "relish" the chance for debate - but would wait until a formal invite comes in first.

"If the deal is voted down in the House of Commons, it will lead to more division and more uncertainty".

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