What exactly is France's plan for a no-deal Brexit?

18 January, 2019, 11:57 | Author: Sally Reid
  • PA Archive  PA Images Labour MP Lucy Powell

The defeat that she suffered in the vote on the European Union agreement that she reached was the biggest ever defeat any government has ever faced in British political history.

Passage of primary legislation would take around seven months, while Electoral Commission testing of the question would require 12 weeks, the document says.

"So there are two ways to avoid no deal: either to vote for a deal, in particular a withdrawal agreement, that has been agreed with the European Union, or to revoke Article 50 and overturn the referendum result", she said.

Ian Blackford of the Scottish National Party (SNP) said his party would only participate if she were prepared to consider delaying Brexit, ruling out a "no deal" and the option of holding a second referendum.

Mrs May is expected to maintain an intensive round of meetings and phone calls before setting out her Plan B on Monday, in a Commons motion which crucially can be amended by MPs.

In shunning the Davos meeting, which she attended a year ago, May follows in the wake of Emmanuel Macron, under heavy domestic pressure driven by gilets jaunes protests, and Donald Trump, who cancelled his visit due to an ongoing government shutdown in Washington.

But Corbyn has already labeled that "blackmail" and many consider it a bluff, betting no government would risk the economic damage of walking away from the giant European Union market with no future arrangement.

U.K. Prime Minister Theresa May's compromise Brexit deal was rejected by Parliament. Only three Labour MPs defected on Tuesday to back May's deal.

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The Labour leader has set out his demands in a letter to Mrs May, in which he tells the prime minister: "I am disappointed that there have already been several briefings in which you continue to rule out a customs union".

"Good luck to the representatives of the nation who have to implement something that doesn't exist", Macron said. The EU has repeatedly said it won't renegotiate the Brexit agreement.

It comes after some opponents criticised her for not budging from the deal that had alienated all sides in Parliament.

And no matter what May's negotiating position is now, Blair said that seeking an extension to Article 50 - of delaying Brexit beyond March - was "inevitable".

How could a second Brexit referendum work?

Meanwhile in France, the government activated its plans for handling the effects of a no-deal Brexit, which Prime Minister Edouard Philippe said had become "less and less unlikely".

Sumitomo Mitsui Financial Group Inc.is set to open a subsidiary in Germany by the end of March. Yesterday, the former Ukip leader urged Brexiteers to prepare for the possibility of a second referendum and pledged to campaign again for Brexit. Others suggest a general election should be called. "A second referendum would be a betrayal of the 2016 result and only make the current situation worse". Further, many in Corbyn's party believe that Labour can not assemble a governing majority without reclaiming more rural districts, and thus, growing its pro-leave wing.

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