Economy

UK Government, Opposition Continue Search For Brexit Plan

UK Government, Opposition Continue Search For Brexit Plan”

May has ruled those options out, because sticking to European Union trade rules would limit Britain's ability to forge new trade deals around the world.

Hinds tells the BBC that the deal "is a good balance, and I hope colleagues can get behind it". Speaking to ITV's Peston programme he said: "Some ideas have been put forward which are not deliverable, they are not negotiable but the confirmatory referendum idea, many people will disagree with it, I'm not sure there is a majority in parliament for it, but it's a perfectly credible proposition and it deserves to be tested in parliament".

After Britain's parliament rejected all tabled alternatives to Prime Minister Theresa May's divorce deal in a series of votes last night, Barnier said Britain now had three choices before the April 12 leaving date.

With just 11 days until the United Kingdom must come up with a new plan or crash out of the bloc in chaos, the House of Commons threw out four options created to replace May's thrice-rejected Brexit deal - though in some cases it was close.

"There is only one treaty available - this one", he said, waving the withdrawal agreement.

The Scottish Government's Resilience Committee is due to meet again on Thursday afternoon but she stressed no amount of preparation could fully mitigate the impact of leaving the European Union without a deal. It is the first time she has committed to following the instruction of lawmakers.

"We are now in a really unsafe situation with a serious and growing risk of no deal in 10 days' time", Cooper said of her bill.

Calls on the government to negotiate an enhanced Norway-style deal which would include membership of the EU's single market as well as a customs arrangement with the EU.

In Britain, political chaos continued to reign as the Cabinet held a marathon session to try to find a way out of the crisis.

Amid all the uncertainty, analysts have said the economic impact in Britain could be massive.

French President Emmanuel Macron and Irish Prime Minister Leo Varadkar also made urgent appeals before May's statement for Britain to propose an alternative Brexit plan to avoid a no-deal departure.

Edwin Morgan, interim director general of business group the Institute of Directors, said May's statement was "a welcome step towards compromise", though there remained obstacles ahead.

Theresa May will meet her top team of ministers later to try work out what to do. "Both sides must play ball".

The move came after Wales minister and whip Nigel Adams resigned saying the Prime Minister had made a "grave error" by reaching out to the Labour leader in the hope of finding a consensus on Brexit ahead of a crunch European Union summit on April 10.

"We can not avoid failure for them", Macron said before a meeting in Paris with Irish Prime Minister Leo Varadkar. "If the House is able to pass a deal this week it may still be possible to avoid holding European elections".

May's deal aims to smooth the country's European Union exit by settling its financial affairs, guaranteeing the rights of expatriate citizens and setting up a transition period until 2022 at the latest in which new trading terms could be agreed upon by London and Brussels.



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