May accused of 'shambolic' Brexit plans

Tracy FergusonOct 21, 2016

May has previously said that the process will start before the end of March 2017.

This post was syndicated from Vanguard News.

It was reported that David Davis, the Brexit secretary, was frustrated by a leak from the Treasury suggesting a hard Brexit could cost the United Kingdom £66bn.

May moved to appease some lawmakers in her ruling Conservative Party by allowing a motion proposed by the opposition Labour Party for a "full and transparent debate" on how the government will enact the public vote to leave the European Union. "MPs from across the House should now push for a vote on the government's negotiation terms, which the government amendment to the motion does not compel them to hold".

And the government also faced criticism from its own benches.

The FT said its analysis represented the first attempt to quantify the UK's liabilities on leaving the European Union, with some officials in Brussels warning that the final figure could be higher.

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"She went on to Mr Corbyn: "(Shadow foreign secretary Emily Thornberry) wants a second vote.

Former minister Claire Perry said she was "extremely concerned" about the pound's overall poor performance over the past week while Chris Philp asked for as much clarity as possible over likely future trading arrangements.

He said the talk of "soft" and "hard" Brexit should be avoided because there was "a spectrum" of options for Britain as it negotiated its exit from the bloc that it joined in 1973.

Ms. May has defended her "prerogative" to trigger the departure without parliamentary approval and her government will defend that position at London's High Court on Thursday, when a legal challenge led by a pro-EU investment fund manager will begin.

Before entering parliament previous year, Starmer was director of public prosecutions and a human rights lawyer.

Will the U.K. Leave the Single Market?

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"Someone once said that leaving the Single Market would risk a loss of investors and business and we risk going backwards when it comes to worldwide trade".

Those fears - that Britain will give up full access to the EU's single market in order to impose maximum control on its borders - pushed the currency to 31-year lows last week, including on Friday when it lost 10 per cent.

What are May's Red Lines?

And Europe has been pretty unanimous in saying that limits on free movement are incompatible with single-market access.

"We suspect that the market will be more alert to the hawkish voices in the minutes", said Vassili Serebriakov, FX strategist at Credit Agricole in NY.

Meanwhile, the Open Britain campaign highlighted 2008 comments in which Mrs May backed parliamentary votes to define Britain's negotiating position in the EU.

Opening the debate, David Davis, the Brexit Secretary, ruled out sharing the government's negotiating plan until it had reached its final stages.

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