Published: Tue, September 18, 2018
Business | By Tara Barton

United Kingdom leader warns rebels: It’s my Brexit agreement or no deal

United Kingdom leader warns rebels: It’s my Brexit agreement or no deal

But many business chiefs and investors fear politics could scupper an agreement, thrusting both the European Union and the United Kingdom into a "no-deal" Brexit that they say would weaken the West, panic financial markets and block the arteries of trade.

"The alternative to that will be not having a deal", she told the BBC.

However, the plan faced criticism from within her own party, and triggered the resignation of Foreign Secretary Boris Johnson, who recently referred to her plans as a "suicide vest".

Ahead of the meeting, Mrs May welcomed Malta's Prime Minister to Downing Street, talking Joseph Muscat through her Brexit blueprint in a bid to win support for it.

International Monetary Fund chief Christine Lagarde said Monday that "all the likely Brexit scenarios will have costs for the United Kingdom economy", and a no-deal Brexit "would impose very large costs".

Supporters of Brexit, who admit there may be some short term instability, say some British ministers and business chiefs are spreading scare stories about the impact of a "no-deal" Brexit in an attempt to rally support behind May's plans.

May's proposals, named for a country house where they were hashed out in July, call for free trade of goods with the European Union, with Britain accepting a "common rulebook" that would apply to those goods.

The leaders will then meet for a working lunch without United Kingdom represenatation on Thursday for a discussion over their Brexit strategy with Barnier.

Hardline Conservatives have claimed up to 80 Tory MPs are prepared to vote against May's plan.

'Duffy's gone down a little bit easy' - Hughes on peno
By the 90th minute, it was Shane Duffy who was upended in the same box and it was Glenn Murray who despatched the penalty. Maybe there's a hangover from (the relegation battle) last season, a nervousness.

Tusk also warns that a "no-deal scenario" remains "quite possible", but finishes his letter by saying: "If we all act responsibly, we can avoid a catastrophe". "The ancestors of many people we represent fought alongside the British in two world wars, but are now forced to stand aside in favour of people with no connection to the United Kingdom".

Michel Barnier will deliver an update on the remaining issues that need to be resolved in the divorce talks - including the Irish border question, and the framework for the UK's future relationship with the EU.

But Mrs May insisted that any system of checks was "still a hard border".

Gove said the responsibility was now with Brussels "because we've shown flexibility".

Hunt - who has previously said Britain would regret a no-deal Brexit "for generations to come" - claimed today that it would flourish with or without an agreement on its relationship with the European Union after it leaves next year.

May will travel to a crucial summit in Salzburg this week to sell her plan to the EU27 leaders.

The People's Vote campaign, meanwhile, claimed a "fresh wave" of 18-year-olds becoming eligible to vote was "transforming the dynamics of the Brexit debate" because they mostly back staying in the EU.

BBC Panorama, Inside No 10: Deal or No Deal? is on Monday 17 September at 20:30 BST on BBC One as part of a week of in-depth coverage across the BBC to mark Brexit: Six Months to Go.

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