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United Kingdom won't foot Brexit bill unless trade deal reached

04 Octubre 2017, 11:54 | Bibiana Flor

Getty BloombergBusiness boss Adam Marshall has demanded that the UK has at least a three year Brexit transition

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557 MEPs backed the resolution, while 92 voted against and 29 abstained.

Theresa May was adept at handling a coughing fit and nearly losing her voice throughout her speech at the Tory party conference, the Home Secretary has told LBC.

German MEP Manfred Weber, chair of the European People's Party went so far as to call on Theresa May to sack Boris Johnson, the British foreign secretary who has publicly clashed with the prime minister's position, for the sake of moving forward with negotiations.

"If the outcome of negotiations falls short of the deal, we will be ready for the alternative", Davis told the conference in Manchester.

Britain has called for talks on a future trade deal after it leaves the bloc in March 2019 to start now, but the European Union insists the divorce must be sorted out first.


As predicted, the British prime minister has accepted the inevitable - that a transitional period will be required for Britain's exit from the EU.

"I believe it is profoundly in all our interests for the negotiations to succeed but I know that some are anxious whether we are prepared in the event that they do not".

"The European Parliament is clear on the point there should be no hardening of the Irish border, that the Good Friday Agreement must be protected in all its parts and that the rights of citizens in the North, who will remain EU citizens, have to be respected".

The EU's chief Brexit negotiator, Michel Barnier, sitting to Juncker's left, echoed the president's comments, adding that discussions will be needed "on what the new period of transition would be".

He said Brexit was: "An opportunity to make sure that all the decisions about the future of this country are taken by our parliament, our courts, our institutions".


In a resolution supported by the main political groups, the meps gathered in plenary session in Strasbourg have asked the european Council (which represents member States of the EU) to " decide to postpone its evaluation to determine if sufficient progress has been made", at the next european summit scheduled on 19 and 20 October in Brussels.

A new round of Brexit talks will begin next Monday in Brussels. "We will not pay at 27 what has been decided at 28, it is simple as that".

Last month Catherine McGuinness, who chairs the policy and resources committee at the City of London Corporation, called for urgency over the Brexit talks after its tally of official announcements from City firms about their contingency arrangements puts 9,770 roles at risk, with Frankfurt receiving more business than any other European Union financial centre.

"We have heard a lot about how much Europe exports to the United Kingdom, for example, in the automotive sector", Ross Denton, a Baker McKenzie partner who specializes in trade issues, SAID. Weber's bold call reflects an increasing frustration over the confusion regarding who speaks for Britain in Brexit talks.

Theresa May began her speech in Florence regarding the latest rounds of EU-UK negotiations with a homage to the region's past, specifically the Renaissance period.




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