Thursday, 24 October, 2019

United Kingdom weighs no-deal Brexit vote as May is plunged into crisis

European Union's Frans Timmermans first vice president of the Commission left and European Union's chief Brexit negotiator Michel Barnier attend a session at the European Parliament in Strasbourg eastern France Wednesday The Brexit Chaos Just Got Even Worse After A Key Vote Failed In Parliament
Patty Aguilar | 13 March, 2019, 15:28

Lawmakers voted by 391 to 242 against the deal, the second time they have defeated it.

The so-called "star chamber" which the ERG had assembled to scrutinise Mrs May's tweaked withdrawal agreement concluded that she had failed to deliver the "legally-binding changes" which it had demanded.

Andrea Leadsom, who manages government business in parliament, insisted however that "it is still our intention, if at all possible, to leave the European Union on March 29 with a good deal".

Following the defeat, the prime minister confirmed that MPs will now be able to vote on whether to oppose a no-deal Brexit. Very few members of Parliament have said they'd be willing to risk a no-deal Brexit, and it's expected they would formally reject the prospect in a vote.

While a short Brexit delay is acceptable to the European Union, few in the bloc believe it would be enough to break the deadlock in Britain's government, parliament and the wider country, all split in half on Brexit.

The EU's Brexit negotiator Michel Barnier, meanwhile, said the bloc had done "everything it can to help get the Withdrawal Agreement over the line".

The United Kingdom's painful divorce with the European Union is approaching its finale with an array of possible outcomes, including a delay, a last-minute deal, a no-deal Brexit, a snap election or even another referendum.

At a decisive moment in Britain's long road out of the EU, May told the House of Commons it was "absolutely imperative for this House that we meet the decision that was taken by the British people in June 2016" to leave the 28-nation bloc.

Tariffs will not be applied to goods entering Northern Ireland from the Republic in the event of a no-deal Brexit. May's minority government and together with the group of rebel Tories, they represent more than enough MPs to kill the deal.

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"There will be no further interpretations of the interpretations, no further assurances of the reassurances if the "meaningful vote" tomorrow fails."A spokesman for European Council President Donald Tusk said he regretted the outcome of the vote, which had "significantly increased the likelihood of a "no-deal" Brexit".He said the EU would expect a credible justification for any request to delay Brexit".

The tariffs, meant to be temporary, wouldn't apply to goods crossing from Ireland to Northern Ireland, raising fears the plan would fuel smuggling across the border. With cable still trading above the 1.3000 handle, it shows that traders aren't really pricing in high odds of a no-deal Brexit scenario as of yet.

But the rest of the EU is reluctant to postpone Brexit beyond the late May elections for the EU's legislature, the European Parliament.

In a written legal opinion, Cox said the United Kingdom could still not extract itself from the terms of the divorce deal unilaterally, a key demand of pro-Brexit British politicians.

Now, her ability to negotiate the course of Brexit has mostly been handed to Parliament, who will determine the course by its votes this week.

But May warned: "Voting against leaving without a deal and for an extension does not solve the problems we face".

The government says its border plan is a temporary measure and that there will be no onward checks between Northern Ireland and Great Britain or vice versa.

May's fellow Conservative parliamentarian Bob Seely underscored Mrs. Another vote on whether to seek a delay in enacting Article 50 would be held on the next day. However, GBP bulls could take comfort from the increasing prospect of Parliament wresting control from the Government, with a snap general election and a second referendum both still possible, albeit unlikely for now.

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