Published: Fri, June 14, 2019
Finance | By Loren Pratt

Brussels says its ready for a no-deal Brexit

Brussels says its ready for a no-deal Brexit

The Tory leadership contender's comment comes after Parliament blocked Labour's bid to seize control of its agenda, which could have blocked a no deal exit.

Apart from the most obvious reason, that their constituents simply want them to "get on with it", some are hopeful that there will be another opportunity to vote for a deal.

Letwin gave his warning after the Commons narrowly voted to reject Labour's motion to take control of the House of Commons on 25 June, with a view to stop a no-deal Brexit.

"If the next prime minister is foolish enough to try to pursue a no-deal Brexit without gaining the consent of this house, or to try to prorogue parliament in order to force through no deal, then parliament will have the means to prevent that", Starmer urged MPs in the parliament.

Some of the 10 contenders, including front-runner Boris Johnson, say if they become prime minister, they would take Britain out of the European Union on the twice-extended withdrawal date, now set for October 31, with or without an agreement.

He said "delaying this does not stop no-deal being the ultimate default end point, what it does it put it further into the future".

He said: "Labour stands ready to use whatever mechanism it can to protect jobs, the economy and communities from the disastrous consequences of a no-deal Brexit".

Led by the main opposition Labour Party, the cross-party motion was backed by other opposition parties, including the Liberal Democrats, Scottish Nationalist Party (SNP), Plaid Cymru, the Party of Wales, and the Greens.

"Any Tory leadership candidate should know that Parliament will continue to fight against no deal". "For me, the real risk of no-deal is it triggers a serious decline in our competitiveness for the long-term".

Hammond, speaking to reporters on the sidelines of a meeting of European Union finance ministers in Luxembourg on Friday, also warned whoever succeeds Theresa May not to withhold Britain's dues to the bloc.

"It's not that the Brexit uncertainty and fear of no deal is going to have an impact in the future, it's having it right now".

Conservative frontrunner Boris Johnson warned that MPs face "mortal retribution" if they fail to deliver Brexit.

Sajid Javid, the last of the 10 candidates to launch his campaign ahead of Thursday's first round of voting, dismissed Mr Johnson as "yesterday's news", saying the party needed to show it had changed.

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