Webdunia - Bharat's app for daily news and videos

Install App

Brexit: 'Delaying Brexit worse than no deal'

Webdunia
Wednesday, 23 January 2019 (17:03 IST)
London: Delaying or cancelling Brexit would be a "calamitous" breach of trust with the electorate and worse than leaving the EU with no deal, Brexiteer Minister Liam Fox has said.
He told BBC's Radio 4's Today programme, the MPs pushing for a delay actually wanted to stop Brexit.
But he said this was the "worst outcome" of the current wrangles.MPs are proposing alternative plans to the PM's deal with the EU, including seeking an extension to the UK's exit date - it is due to leave on 29 March.

But the prime minister has said the "right way" to rule out no-deal Brexit is to approve her withdrawal agreement.Liam Fox said MPs should think about the "political consequences" of delaying Brexit not just the "short-term economic consequences".
 
"There is no doubt that leaving with a deal and minimising disruption both to the UK and our EU trading partners is in our best interest," the international development secretary said."But I think the most calamitous outcome would be for Parliament, having promised to respect the result of the referendum, to turn around and say it wouldn't."
 
Under current law, the UK will exit the EU on 29 March, whether or not a deal has been struck. The decision to leave was taken by 52pc to 48pc in a referendum in June 2016.Former Chancellor George Osborne has said delaying the UK's exit from the EU was now the "most likely" option.
 
Speaking to BBC business editor Simon Jack in Davos, Mr Osborne said that the prospect of no-deal meant "the gun is held to the British economy's head"."Russian roulette is a game which you should never play because there's a one-in-six chance that the bullet goes into your head," he said.
 
Mr Osborne, who was sacked by Mrs May when she became prime minister after the referendum, said his successor Philip Hammond had "sensibly" told businesses that leaving without a deal was not a possibility."But we now need to hear it from the British prime minister," he said.(UNI) 

Related Article

Record GST collection in April, breaches Rs 2L crore mark

Uttar Pradesh: 60-year-old temple priest beaten to death in Deoria

Bomb threats to schools hoax: Delhi Police, MHA

Has Hamas reset the Israeli-Arab agenda?

Reel life turns real: ‘Akeli’ actress Nushrratt Bharuccha recalls Israel ordeal

What is Iran's role in the Hamas attacks on Israel?

Next Article
Show comments