European Commission to warn member states to prepare for no-deal Brexit

First talks Mr Raab and Mr Barnier

According to a draft paper seen by the BBC, the European Commission has warned the EU27 to improve their preparations for a "no-deal" Brexit scenario.

That, the EU's executive European Commission insisted on Thursday, was not the reason for its warning on stepping up preparedness for a "no deal" or "cliff edge" Brexit.

Parliament voted 307 to 301 against an amendment to trade legislation that would have required the government to try to negotiate a customs union arrangement with the EU if, by January 21, 2019, it had failed to negotiate a frictionless free trade deal with the bloc.

The meeting comes as Tory former Cabinet minister Lord Chris Patten predicted there could be an emergency Brexit general election in the autumn.

Barnier told reporters: "On the withdrawal agreement it is a matter of urgency to agree to a legally applicable backstop on Ireland and Northern Ireland".

Manchester, a former UK Treasury official, said if Brussels does not deem a UK firm to be equivalent, British regulators could choose to "do our own thing", raising concerns about predictability for global financial firms.

"We would need to consider what action we would take in those circumstances", she added. "That means we will see something more like the negotiations between the European Union and USA, where we give and take on both sides", Manchester said.


"We have a prime minister who is in office, but not in power", he said. "Drawing up contingency plans for the worst possible outcome is not a sign of mistrust in the negotiations", writes the Commission publication, that consolidates a total of 68 notices to the private sector and stakeholders, eight of which are focusing on financial services.

"The situation in London is very volatile, the situation is very unclear, I think nobody can tell you what will be the political situation in the United Kingdom now".

May said talks had already started with Brussels based on the proposal, which was set down in a policy document last week, and referred to as "Chequers" for the prime minister's country residence where its terms were thrashed out. "And so I'm looking forward to intensifying heating up the negotiations", Mr Raab said.

The document was published ahead of the first meeting between European Union chief negotiator Michel Barnier and the British government's new Brexit secretary, Dominic Raab.

Jim Harra, of HM Customs and Excise, told the House of Lords EU External Affairs Committee that the additional cost would arise because traders would have to work out which of two different tariff rates they need to pay on each cross-border movement.

An EU source said all the negotiators sought a withdrawal agreement as the cost is "disproportionately high" without one.

Related News:



Most liked

Processed Meats Associated with Manic Episodes
The amount of nitrates used in these experiments were the equivalent of a human eating one hot dog or beef jerky stick per day.

Joaquin Phoenix's Joker spinoff gets title, release date
Zazie Beetz is reportedly in talks to play a single mother who catches the eye of the man who becomes the Joker in the film. New details about Joaquin Phoenix's standalone movie about the Joker have been unveiled.

Alisson: New Liverpool signing reveals Mohamed Salah text message
Klopp claimed he encountered little resistance from the Liverpool hierarchy in splurging on a highly rated replacement for the much-maligned Loris Karius .

Mysterious Black Sarcophagus Finally Opened
The Ptolemaic dynasty famously ended with Cleopatra's suicide during the Roman conquest of Greece and Egypt around 30 B.C. An alabaster bust, its features weathered beyond recognition, was also found with the sarcophagus.

Time magazine cover morphs Donald Trump into Vladimir Putin
It took the president several attempts to walk back his comments, amplifying the fallout from his joint appearance with Putin. Our lawyers and diplomats should use this confession while preparing suits in global courts.

"Lava Bomb" Explosion Under Investigation
The " lava bomb " was a result of the Kilauea volcano , which has been erupting on the island since the beginning of March. In new video of the nightmare, passengers can be heard screaming on board the Hawaiian tour boat that took a direct hit.

Tiger Woods Just Finished His First Round At The Open
The house group has a deal among one another that if one of them wins the Open, he pays for the private jet back to the US. But creativity plays such an important role, and you've got guys like Tom playing late in his career, doing well.

The Culling 2 Removed From Store Shelves, The Culling Going F2P
After its July 10, 2018 release date, Xaviant's battle royale game was met with a wave of negative reviews and staunch criticism. Van Veld didn't get into exactly now that will work, but said that more information will be released later this week.

Funko Stock Jumps on Fortnite Toys Deal
Now we know, more specifically, that the issue is related to how many matches the Playground mode made versus the Battle Royale mode.

Lampard raids Chelsea and Liverpool in Derby double swoop
Morris, who had left his coaching role at the Chelsea academy, arrived at Derbyshire last June to become Lampard's assistant . The England Youth global proved a massive hit at the Gelredome, netting 14 times and providing 10 assists.

Jodie Whittaker's Doctor Who Is a Pillar of Hope
Finally, it's here - our official introduction to Jodie Whittaker as the Thirteenth Doctor and her series eleven pals. Whittaker says she has approached every scene and encounter as brand new.

British Pop Star Cliff Richard Wins Major Privacy Lawsuit Against BBC
After the BBC got wind of the investigation, the police cut a deal with the broadcaster in a bid to delay them breaking the story. The BBC has to pay 65 per cent of the $336,000 while South Yorkshire Police, who conducted the raid, will pay 35 per cent.

Cardi B Gives Her Reasons for Not Hiring a Nanny Yet
TMZ recently reported that Cardi B has received offers of $100K and more for the rights to the first snaps of Kulture. On Wednesday Cardi gave a little sneak peek inside her nursery for Kulture.

Australian players banned in wake of basketball brawl in Manila
We are seeking further clarification from FIBA about possible sanctions against other officials and fans involved in the incident. Nathan Sobey and Jason Cadee, who were on the floor with the 3 other Boomers at the time of the brawl, escaped sanctions.

The Open: Tiger Woods off to a flyer at Carnoustie
Alex Noren - The Swedish star came in tied for sixth at last year's Open at Royal Birkdale and enters the week in fantastic form.