British MPs have rejected leaving the European Union(EU) without a deal. This would open the way for MPs to vote on whether Parliament wants to seek an extension to Article 50 which will delay the UK’s departure from EU beyond the current March 29 deadline. A no-deal Brexit is the default position of the Article… Continue reading British MPs seek to rule out no-deal exit
Tag: BREXIT
U.K. unveils tariff plan for ‘no-deal’ scenario
UK Government has announced temporary tariff plans if it leaves the European Union without a transition deal.The tariff plans are (a)eliminate import tariffs on a wide range of goods and (b)keep the border between Ireland and Northern Ireland free of customs checks. The tariff plans would apply both to imports from the EU and from… Continue reading U.K. unveils tariff plan for ‘no-deal’ scenario
May’s deal faces another crunch test today
UK Parliamentarians will vote on Brexit deal after UK prime minister has said that she had secured “legally binding” changes to the backstop agreement with the European Union(EU).She said that this would mean that the European Union(EU) cannot keep the UK in the [Irish] backstop indefinitely. The “backstop” agreement reached between the EU and the… Continue reading May’s deal faces another crunch test today
May’s Brexit deal faces another defeat
British Prime Minister is set to face another Brexit deal defeat after two major eurosceptic factions in UK parliament have said that they would vote against her deal.It was because she had failed to get any concessions from the European Union(EU).A Eurosceptic is someone who is opposed to closer links between Britain and the European… Continue reading May’s Brexit deal faces another defeat
London mayor for Brexit delay to break deadlock
London Mayor has urged United Kingdom Prime Minister to delay Brexit by either extending the notice period for Article 50, or by withdrawing Article 50. Article 50 of the Treaty of Lisbon gives any EU member state the right to quit unilaterally and outlines the procedure for doing so. It gives the leaving country two… Continue reading London mayor for Brexit delay to break deadlock
