'Mad David, Brexit Road': UK Slams European Commission's 'Cancer' Scenario

by Abel Hampton February 21, 2018, 0:29
'Mad David, Brexit Road': UK Slams European Commission's 'Cancer' Scenario

Britain could withhold payment of its Brexit divorce bill if the European Union doesn't give it a trade deal, David Davis has suggested.

Business will welcome the Brexit Secretary's recognition of the benefits of frictionless trade, but pro-EU campaigners still believe Davis is living in "cloud cuckoo land", says Business Insider.

Brexit Minister David Davis said today (20 February) that Britain has no plans to recast itself as a regulation-light economy undercutting rivals on the continent, as he attempts to dispel a major concern of European Union leaders, writes Andrew MacAskill.

"Britain's plan, its blueprint for life outside of Europe, is a race to the top in global standards, not a regression from the high standards we have now".

Theresa May's cabinet may have to be "locked in a room all day" to agree the government position on leaving the EU, David Davis said today as he pledged never to use Brexit to slash environmental and workers rights. "This will be a crucial part of ensuring our future economic partnership is as open, and trade remains as frictionless as possible".

Tim Roache, general secretary of one of Britain's biggest trade unions, the GMB union, said: "If the best this government can do is promise Britain will not turn into a "Mad Max" nightmare - it's no wonder people are anxious about their post-Brexit lives".

His comments are created to allay European politicians' concerns that Britain could cut taxes and regulation to attract global businesses.

Davis said Britain and the European Union could preserve regulatory standards by close cooperation between regulators and the use of an independent arbitration mechanism.

"Such mutual recognition will naturally require close, even-handed cooperation between these authorities and a common set of principles to guide them".

Critics accused Mr Davis of living in "living in cloud cuckoo land", claiming his rhetoric was at odds with previous statements from prominent Brexiteers.

Business leaders, anxious to preserve cross-border supply chains, generally support the plan.

"Business needs clarity and with two out of six of the government's "road to Brexit" speeches already delivered, the Tories' approach to Brexit is, if anything, less clear", Corbyn said.

"The red lines of the United Kingdom for the future relationship with the EU (leaving the internal market and customs union) mean that the trade relationship can not go much further than a trade agreement like the one the EU has concluded with Canada".

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