EU Reportedly to Crush UK With Billions in Brexit Delay Punishment

Irving Hamilton
March 13, 2019

Nigel Dodds said the very principle would "give leverage and power to the other side in the negotiation".

The Newton Abbot MP told BBC Radio 4's PM: "The reality is we've taken nearly two years to get here and I can not see that in these twilight hours, suddenly something is going to come back and is going to satisfy concerns that I have - which I share with, I'm sure, many members of the public and many members of the ERG (European Research Group)".

Britain's attorney general says changes to the Brexit divorce deal secured by Prime Minister Theresa May don't eliminate the risk the country will remain entwined with European Union rules indefinitely.

With now little over a fortnight until the UK's sheduled leaving date, she pledged to bring a vote to the house on Wednesday on removing "no deal" from the table, followed by a vote on Thursday over whether to delay Britain's exit day beyond March 29.

How will the DUP vote later?

But it has proven to be a major stumbling block in the British government's quest for a divorce deal.

"This is no way to run a country", Carolyn Fairbairn, director general of the Confederation of British Industry, told the BBC.

"We will wait and see what the terms of the motion are tonight. I find it intensely depressing to think that yet again it seems likely that the deal is going to be voted down".

"The principle of taking no deal off the table is one that gives leverage and power" to the European Union, he added.

"There was a clear concern in [British] parliament over one issue in particular: the Northern Ireland backstop", May said at a joint news conference with European Commission President Jean-Claude Juncker following a meeting in the French city of Strasbourg.

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May s initial deal was struck after 18 months of tough negotiations, and covers Britain s financial settlement, expatriate rights, the Irish border and plans for a transition period.

It is understood that the anti avoidance measures would not mean checks at the Northern Ireland or Scotland ports but would be done via other methods.

The Bank of England has estimated that inflation could rise from around 2 percent now to nearly 7 percent within months of a disorderly "no-deal" Brexit. There are also fears the United Kingdom could be left vulnerable to spikes in air pollution as traffic at ports and borders piles up, and potential crises in food and animal welfare. "For the European Union it's of utmost importance that the integrity of the single market be preserved, and that there be no hard border between Northern Ireland and Ireland".

Why is the Irish border the focus in all of this?

Meanwhile, EU leadership has confirmed it is open to meet with United Kingdom negotiators at any time, while remaining committed to deal ratification before 29 March.

The border has been open and unguarded for 20 years since the Good Friday agreement ended the armed conflict in Northern Ireland, but that status will be much more hard to maintain once Britain is no longer part of the EU.

"She is simply saying it reduces the chances of us being kept in the backstop", Wilson told LBC radio, in reference to the so-called "Irish backstop" - the policy within the Withdrawal Agreement aimed at making sure no hard border appears between Northern Ireland and Ireland.

Cutting tariffs on imported goods would ease the blow to British consumers from an expected jump in inflation in the event of a no-deal Brexit, which would probably cause sterling to tumble and make imports more expensive.

The British parliament on January 15 voted to reject May's deal by 230 votes, the biggest defeat for a government in modern British history.

Anti-Brexit lawmakers hope that if Britain's departure is delayed, momentum will build in Parliament to call for a second referendum - a do-over - to ask voters whether they really want to leave.

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