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Thread: New UK Brexit chief: We may not pay exit fee if no deal

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    New UK Brexit chief: We may not pay exit fee if no deal

    Britain’s slow move away from the European Union took a new twist Sunday as the new Brexit chief suggested that Britain might not pay its $51 billion divorce bill if no trade agreement with the European Union is reached. Brexit Secretary Dominic Raab told the Sunday Telegraph that there must be “conditionality” between Britain making the hefty exit payment and its ability to create a new relationship with the EU.
    “You can’t have one side fulfilling its side of the bargain and the other side not, or going slow, or failing to commit on its side,” he said, implying that the threat of withholding payment might get Brexit talks back on track.
    Britain and the EU remain far apart on terms of a new trade setup. British Prime Minister Theresa May’s Conservative Party is also deeply split over what Brexit policy to support. Raab replaced David Davis, who resigned two weeks ago to protest May’s “soft” Brexit plan.
    May has faced a substantial rebellion from party colleagues who favor a complete break with the EU — a so-called “hard” Brexit — rather than May’s proposal, which calls for a “common rule book” with European nations that would govern trade in goods.
    EU negotiator Michel Barnier is also lukewarm on May’s latest proposal, asking many questions about its viability Friday. Raab, however, says he is still hopeful a deal can be concluded by October so the EU parliament and national parliaments of EU nations can ratify the deal before Britain leaves in March.
    “Actually the fact Michel Barnier is not blowing it out the water but asking questions is a good positive sign — that’s what we negotiate on,” Raab said, looking forward to more Brexit discussions Thursday in Brussels.

    More at: https://nypost.com/2018/07/22/new-uk...ee-if-no-deal/





    Jacob Rees-Mogg has said Britain is heading for a no-deal Brexit – but insisted it is “nothing to be frightened of”.
    The hardline Brexiteer insisted that leaving on World Trade Organisation (WTO) terms was now likely.
    But the Tory MP said talks should continue with Brussels, stating: "I think we should carry on negotiating until the end.
    "I don't think we necessarily need the theatrics of walking away, but the truth is that WTO is likely to be all that they will offer us."

    More at: https://www.yahoo.com/news/brexit-la...112800060.html
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment



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  3. #2
    It's been a dreadful, torrid month for UK PM Theresa May whose cabinet has been on the rocks ever since her revised Brexit proposal was revealed, barely scraping by with just a 3 vote margin last week, amid an exodus of key Brexit voices and a scathing Donald Trump interview.
    And it's about to get even worse because according to a new poll, May’s plans to leave the European Union are overwhelmingly opposed by the British public. Worse, more than a third of voters would support a new right-wing political party committed to quitting the bloc and headed by, guess who, Nigel Farage.
    According to the YouGov poll conducted for the Sunday Times, voters would prefer Boris Johnson, who quit as her foreign minister two weeks ago, to negotiate with the EU and lead the Conservative Party into the next election. And in the latest disaster for May, only 16% of voters say the Prime Minister is handling the Brexit negotiations well, compared with 34% who say that Johnson would do a better job.
    Only one in 10 voters would pick the government’s proposed Brexit plans if there were a second referendum, according to the poll, while almost half think it would be bad for Britain.
    But while the poll is a damning testament to her policies, May faces far greater challenges in the near-term. Her revised plan to keep a close trading relationship with the EU thrust her government into crisis this month and there is speculation she could face a leadership challenge after her most senior ministers, Davis and Johnson, resigned in protest.
    But in what may be the best news for libertarians, and those disenchanted with the legacy two-party system in the UK as well as everywhere else, the poll found voters are increasingly polarized, with growing numbers of people alienated from the two main political parties. Meanwhile, as in recent polls, half of voters would support remaining in the EU if there were a second referendum, the poll found. Which of course, means a Brexit is guaranteed - again - as polls prior to the first Brexit vote predicted an avalanche victory for Remain.
    But here is the real shocker.
    38% of respondents said they would vote for a new right-wing party that is committed to Brexit, while almost a quarter would support an explicitly far-right anti-immigrant, anti-Islam party, the poll found.
    According to the Sunday Times, Brexit veteran Nigel Farage, who has vowed to return to politics if May's "Brexit betrayal is not reversed", and Steve Bannon are in discussions about forming a new right-wing movement.
    So, one wonders, how long before Europe's relentless populist wave means that this person is the UK's next prime minister?



    https://www.zerohedge.com/news/2018-...n-boris-farage
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment



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