Skip to main content

Britain warns will not pay Brexit cash if no EU deal

Image
By

Britain’s Secretary of State for Exiting the European Union (Brexit Minister) Dominic Raab arrives at 10 Downing Street in central London for a cabinet meeting to discuss ‘no deal’ Brexit preparations on September 13, 2018. / AFP PHOTO / Daniel LEAL-OLIVAS

Brexit minister Dominic Raab issued a fresh warning Thursday that Britain would not pay the financial settlement promised to the EU after Brexit if there is no divorce deal.
London has agreed to settle its bill from four decades of membership, estimated at up to £39 billion (44 billion euros, $51 billion), as part of a withdrawal deal.

But talks on the wider agreement have stalled, prompting concerns that Britain could crash out of the European Union in March 2019 with any deal at all.
Raab was speaking ahead of a meeting of Prime Minister Theresa May’s cabinet on the British government’s planning for a no-deal scenario.
One consequence would be that “we wouldn’t pay out the money that has been agreed”,” he told BBC radio.

“It’s not a threat, it’s statement of fact as part of our no-deal planning.
“We would be mindful of our strict legal obligations, but the amount and the phased way it is set out in the withdrawal agreement would fall away because there would be no deal.”
The final payment would be “substantially lower” than the estimate agreed so far, he said.
The Brexit negotiations are entering their final stretch, with both sides now aiming for an agreement in October or early November.

All EU states are also stepping up their planning for a no deal scenario.
The British government will later Thursday publish 28 “technical notices” covering issues as varied as mobile phone roaming charges and upholding environmental standards.
They follow a similar batch published last month, which are intended to inform businesses and citizens on steps they would need to take in the event of a no deal.

“These technical notices are part and parcel of our sensible, pragmatic approach to preparing for all outcomes,” Raab said in a statement.
“Getting a deal with the European Union is still by far and away the most likely outcome.”

Source:

Comments

Post a Comment

Popular posts from this blog

ART– AN EYE INTO ANOTHER WORLD

By
For some reason, I have always been a fan of the arts. The ability to create something from nothing, the ability to bring to life what was once but only a figment of one’s imagination to me, is to dare to rival the gods, if you believe in them. I consider the artist to be a gift to man to constantly remind him that he is possible of anything! This piece is more of a show than tell as I am certain that it would not be proper to write an article on art and tell more words than I show works. I have therefore had to steal from a friend, a classmate and most of all, a talented artist as I, myself, am not so gifted as to put up my works for display but still, I shall humour you eventually with my rendition of a popular cartoon that you may recognise if you grew up watching ‘Looney Tones’. Nevertheless, gift is not a necessity to appreciate beauty and the plethora of magna opera (The many great works). Mr Joshua Zirigbe (9β) is a Nigerian from Delta State and he has given us the opportunit...
Post a Comment
Read more

THE FIRE ON 23 ROAD – FESTAC, LAGOS

By
A fire outbreak occured on 23 Road in Festac on Saturday the 14th, February, 2015 which is the popular Valentine's day. Jouleconcept's correspondent, Mr Juwah Awele covered the story and gave a report in form of an article about the occurrence. This can be read below: “There is fire in house 2! There were children locked inside the house…” those were the words of my elderly neighbour, Mrs A, returning from the scene of some ongoing tragedy. Immediately, my mother went for all our official documents she always keeps in a ready to go bag while, my father, brother and I set off in the direction of the blaze. On getting to the front of the close, T Close, we observed the residents of the first few houses on the left hastily withdrawing their belongings from their homes; stuffing generators, plasma TVs, gas cylinders and the works into the back seat of their cars. Some had already driven their cars away! Immediately, we realised the fire was coming from the next cl...
2 comments
Read more

Voucher Charity (2)

By
Over the months, we've had a lot of discouragements here and there; but we stood by our vision. After the end of the 2nd month of the blogging, we have been able to acquire over 10,000 views: Thanks to you! Because of this, Jouleconcepts and its crew are pleased to inform the start of a voucher charity for its viewers. We have only had supports in the U.S.A for sharing free air time online. Thanks to Mr GbadamosiOluphisayor Temitope ( lives in the United State) for his kind support in making this blog touch not just its local country, but the citizen of the United States of America.. We can not forget the presence of the well wishers of the Jouleconcepts and particularly, GINA LONDON for her impact on the vision also. Jouleconcepts says thanks, God bless the blog, the viewers and the World at large..   Nigerian Airtime  Glo   235 873 233 158 434 Etisalat 91108 15796 74652 curtsey Jouleconcepts Please to show that this cards are valid from ...
5 comments
Read more