UK set to publish Brexit plan that sparked rebellion

12 Juillet, 2018, 15:53 | Auteur: Anatole Charbonneau
  • Pound to euro exchange rate Brexit news

The paper comes after Prime Minister Theresa May's Cabinet agreed on a new Brexit strategy at an emergency summit held at her country residence Chequers last Friday.

Tánaiste Simon Coveney has said it has been a good week for the Brexit process despite the resignations that followed the publication of Theresa May's Chequers proposals.

Existing frameworks for equivalence would need to be expanded "to reflect the fact that equivalence as it exists today is not sufficient in scope for the breadth of the interconnectedness of UK-EU financial services provision", it added.

The PM says it honours the Leave vote and protects jobs.

The UK is due to leave the European Union on 29 March 2019, but the two sides have yet to agree how trade will work between the UK and the EU after that.

With numbers tight in the Commons, the prime minister - who relies on Northern Ireland's DUP to win key votes - would be vulnerable to any rebellion among Eurosceptic MPs as she tries to pass key laws needed for Brexit preparation.

The delay has been partly blamed on deep disagreements within the Conservative Party over what shape Brexit should take.

Former Foreign Secretary Boris Johnson and Brexit minister David Davis quit at the start of this week in protest over the strategy.

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Mr Raab, who was the former housing minister, said the proposal will create "free trade area" for goods while allowing the United Kingdom to strike trade deals with other foreign countries around the world, with a particular focus on the service industry.

The customs bill - formally known as the Taxation (Cross-Border Trade) Bill, will give the government the power to adopt a new customs policy after it leaves the EU.

"I don't believe it was possible to move the Brexit negotiations forward without having that moment when the majority of the conservative party were willing to face down the hard-line Brexiteers", said Mr Coveney.

Brexiteer ministers are this afternoon, I'm told, still trying to get "edits" to the final White Paper, the souped-up version of the Chequers plan.

The legislation returns to the Commons on Monday.

One of the rebel amendments, signed by Jacob Rees-Mogg, former Tory leader Iain Duncan Smith and ex-cabinet minister Priti Patel, demands that the United Kingdom scrap an offer to collect taxes and duties on behalf of the European Union, unless the remaining 27 member states pledge to do the same for Britain.

No more detail of this was given by officials on Thursday morning, says the BBC's Political Editor Laura Kuenssberg, but they rejected suggestions that it could open the door to freedom of movement for workers.

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