Tags: eu | brexit | euroskeptics | no | deal | theresa may

UK Euroskeptics Urge PM May to Prepare for 'no Deal' Brexit

UK Euroskeptics Urge PM May to Prepare for 'no Deal' Brexit

Sunday, 24 June 2018 07:07 AM

Pro-Brexit politicians and business figures are urging British Prime Minister Theresa May to be ready to walk away from the European Union without a trade agreement, despite warnings from major manufacturers that a "no deal" Brexit would be an economic disaster.

In an open letter, 60 lawmakers, economists and business chiefs say Britain should threaten to withhold the 39 billion pound ($52 billion) divorce bill it has already agreed to pay.

The letter released Sunday by Economists for Free Trade urges U.K. authorities "to accelerate their preparations for 'no deal' and a move to a World Trade Deal under WTO rules."

That would mean trade barriers between Britain and the EU.

Still, Airbus, Siemens and BMW have all warned that leaving the EU without a free-trade deal would hurt British businesses and jobs.

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Pro-Brexit politicians and business figures are urging British Prime Minister Theresa May to be ready to walk away from the European Union without a trade agreement, despite warnings from major manufacturers that a "no deal" Brexit would be an economic disaster.In an open...
eu, brexit, euroskeptics, no, deal, theresa may
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2018-07-24
Sunday, 24 June 2018 07:07 AM
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