Published: Wed, September 26, 2018
Business | By Tara Barton

Brexiteers back UK-EU free trade plan

Brexiteers back UK-EU free trade plan

She met senior ministers as pressure grows on her to ditch it in favour of a Canada-style trade accord.

Since Britain has firmly ruled that out, saying it will leave the EU's single market and the customs union, the document says a free trade agreement (FTA) - akin to the ones the bloc has with Canada or Japan - is the only remaining option.

London, Sep 25 British Prime Minister Theresa May is to press ahead with her Chequers plan for a soft-Brexit, her advisors said after a meeting of her top ministers at Downing Street.

Her Cabinet meeting came as the Department for Exiting the EU (Dexeu) released its guidance for the United Kingdom under no deal, including the warning of possible disruption to flights and coach services in and out of Europe.

The final wording of the Brexit composite motion says: "If we can not get a general election, Labour must support all options remaining on the table, including campaigning for a public vote".

Adding: "One thing that I would say though is that the European Union has a habit of spurning democratic votes, whether in referendums in this country - and they're trying to do that to some degree - or the rest of the EU".

Former Brexit Secretary David Davis, who has indicated he will vote against the plans, said recently the ERG had about 30 to 40 members, with a core group of about a dozen.

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He added: 'We're now, bluntly, in a cul-de-sac.' But Confederation of British Industry director Carolyn Fairburn warned a Canada-style deal would create friction at borders, would not solve the Irish border and would damage supply chains affecting thousands of jobs.

May told the 10 Downing St cabinet meeting it had always been clear that negotiations would come to a critical stage.

The prime minister said the government's White Paper remained the only plan on the table which achieves the goals of frictionless trade and an open border in Ireland.

Global banks, insurers, asset managers, private equity firms and exchanges told Reuters they are moving the lowest number of employees possible, as they hold out for a Brexit deal guaranteeing access to the Single Market.

Pet owners could have to make preparations with their vets four months in advance of a trip to Europe.

"I think Corbyn's speech will be built around the theme of government-in-waiting, "this lot have failed on everything from Brexit to the NHS, they've let the country down, it's time for a change", Anand Menon, Professor of European Politics and Foreign Affairs at King's College London, told.

He continued: "If someone wants to point out something that I've said which is a lie, feel free to do so but I don't accept that".

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