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Beyond Andrea Jenkyns' sound bites ... reality bites back: "The only countries that do trade with the EU just solely on WTO rules are Cuba, Venezuela, Belarus, Kazakstan, Russia and North Korea."
The threat of a no-deal Brexit remains on the table, Boris Johnson has suggested, as he confirmed preparations for an exit to WTO terms will continue if he wins the election.
No-deal scenario would disrupt seamless flow of goods and services between Northern Ireland and Republic of Ireland.
A World Trade Deal, It Ain't
12/12/2018
I loathe the term ‘World Trade Deal’ more than words can express. It is everything I hate about trade politics. It combines a pithy soundbite politicians with an agenda can deliver with confidence, with a layer of deception reliant on the complexity of trade to pass unchallenged on Sunday talk shows.
Angela Merkel says Britain must ‘live with the consequences’ of Boris Johnson’s decision to ditch close alignment with EU
27/06/2020
Poll finds just 25 per cent of voters think PM will get a deal which is good for Britain.
Anyone who thinks that “we’ll be fine” if the UK crashes out of the EU with a no deal Brexit should watch this video
26/03/2019
Channel 4 economics correspondent describes the consequences of a No Deal exit.
PM tells industry leaders anxious about stalled negotiations "rien ne vas plus", which means "no more bets" in the casino game.
Boris Johnson 'refusing to be honest' about likely damage from Brexit, expert study warns
04/02/2020
Prime minister on course to strike only 'barest of bare bone deals' by end of 2020, think tank concludes - and failing to be upfront about 'trade-offs'.
The UK government will ultimately back away from a no-deal Brexit because trading on World Trade Organisation rules with Europe would be simply too damaging for UK business after the Covid crisis, Peter Mandelson has predicted.
Phil Hogan notes the EU does not have a deal with Australia.
Tory leadership hopeful is wrong to suggest UK could have tariff-free trade with the EU following a no-deal Brexit, says international body’s chief.
Brussels rules out 'mutual recognition' of regulations between EU and UK ahead of talks.
Boris Johnson’s Brexit policy risks no-deal crash-out next year that will trigger a recession and return to austerity, expert IFS analysis indicates
28/11/2019
Institute for Fiscal Studies says it is 'plausible' to expect a £50 billion boost to UK economy if Brexit is cancelled.
Theresa May has been accused of failing to be honest with the public about Brexit by the UK’s former ambassador to the European Union, who warned that “fantasies and delusions on all sides” risk plunging the UK into a democratic crisis.
Brexit a ‘nightmare’ for Northern Irish business as MPs vote to remove Irish backstop from deal
30/01/2019
Companies have stopped investing in favour of holding onto cash in case it's needed after the UK’s withdrawal from the EU.
Britain leaving the EU could hit least-developed countries hard, with Cambodia most affected, report finds.
Donald Tusk has warned a no-deal Brexit is‘more likely than ever.’ But if it happens it could be chaotic.
While businesses struggle with the red tape of no-deal planning, ministers are busy with commemorative coins.
The man who used to run the WTO says the EU single market, set up by Margaret Thatcher, is ‘the top league’.
As the Conservative Party in the UK enters the final phase of its leadership race, the contenders were encouraged by European leaders to be realistic about what they could expect to achieve on Brexit when they enter No. 10 Downing Street.
Brexit Republic - The 20th Of July Plot
10/07/2020
Despite downbeat warnings of divergent positions, the EU and UK will intensify efforts to make progress in talks in the week commencing July 20, 2020. Also, alarm bells sounded over potential WTO rule breaches in the UK & Finance Minister Paschal Donohoe takes the top Eurogroup job.
Brexit will hit trade in services between the Republic and UK irrespective of the outcome of current talks, according to all-island professional body Chartered Accountants Ireland.