Economy

Brexit in peril' as PM May faces heavy defeat

Brexit in peril' as PM May faces heavy defeat”

The government has so far failed to secure changes to the divorce deal that could gain the backing of lawmakers, after they roundly rejected it in January.

If she fails, lawmakers are expected to force May to seek a delay to Brexit which some fear could see the 2016 decision to leave the bloc reversed.

Fears on both sides of the Channel are growing about the economic damage in the event that Britain leaves the European Union abruptly without any transition agreement to soften the resulting disruption to trade.

"We have an opportunity now to leave on March 29 or shortly thereafter and it is very important we grasp that opportunity because there is wind in the sails of people trying to stop Brexit. It disrespects the constitutional and economic integrity of the United Kingdom", he said.

Many believe the deal is heading for another defeat, with little sign of progress in continuing talks with the European Union about getting legally binding changes to the backstop.

"Within three weeks people could have two of those three things and quite possibly the third one could be on the way through the Labour Party".

Britain's Conservative Party's leader of the House of Commons Andrea Leadsom arrives at Downing Street in London, Britain, January 22, 2019.

"An unchanged withdrawal agreement will be defeated firmly by a sizeable proportion of Conservatives and the Democratic Unionist Party (DUP) if it is again presented to the Commons", deputy DUP leader Nigel Dodds and Conservative party's leading Eurosceptic Steve Baker wrote in the Sunday Telegraph.

The Sunday Times reported that senior Brexiteers had warned the PM's team that she should offer to go by June.

The main sticking point is the so-called Northern Irish backstop, an insurance policy to prevent a return of border controls in Ireland that eurosceptics believe is an attempt to trap the country in the EU's customs union indefinitely.

Brexit-supporting lawmakers in the United Kingdom fear the backstop could be used to bind Britain to European Union regulations indefinitely, and Mrs May wants to revise the deal to reassure opponents that it would only apply temporarily, however European Union leaders insist that the legally-binding Brexit withdrawal agreement can't be reopened.

But "at the moment it looks like a hard job.the negotiations have not gone well this week".

It was meant to be the moment a new interpretation of the "backstop" led the attorney-general to change his advice - springing Theresa May from Brexit limbo and bringing MPs behind her deal.

Both Starmer and McDonnell said there would be opportunities for amendments at subsequent votes, such as the no-deal and Article 50 extension votes that are a likelihood this week, but neither would be pinned down on exactly what amendments Labour would table - including a second referendum. "In everything that followed there would be total uncertainty - that would be the only certainty", health minister Matt Hancock told Sky News.



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