No-Deal Brexit? Goldman Sachs It's More Likely After Parliament Vote

No-Deal Brexit? Goldman Sachs It's More Likely After Parliament Vote

No-Deal Brexit? Goldman Sachs It's More Likely After Parliament Vote

Mr Hunt's suggestion was echoed by Labour leader Jeremy Corbyn who said it was "possible" Article 50 would need to be extended in order to secure a deal.

Brady's amendment calls for the Irish backstop arrangement written into May's Brexit divorce deal, agreed with Brussels, to be removed and replaced with unspecified "alternative arrangements".

In the throes of the Tories' chaotic Brexit push, Theresa May insisted today that a crash-out is not inevitable, even with her party unable to come to a consensus on any alternative.

And Wirral South's Alison McGovern said: "The fact is, it will be a lot easier to invest in the coalfield areas and other towns if we stay in the European Union". The U.K. sends eight out of every 10 cars it produces overseas, with the European Union accounting for about half the total.

"She certainly understood the point that we were making".

"This government in Dublin is not going to allow it", he said, noting that any Brexit-related economic concerns were trumped by concerns about maintaining peace on the island of Ireland.

"But the government's approach to no deal preparations - being unwilling to talk publicly about plans and developing an adversarial relationship with Parliament - has caused further problems", the report said.

He added that it was quite possible the prime minister would return to Parliament next month "with nothing".

"With fewer than 60 days before we leave the European Union and the risk of crashing out without a deal looking increasingly real, UK Automotive is on red alert", Hawes said.

Pro and Anti Brexit protesters demonstrate outside the Houses of Parliament in London, Monday, Jan. 28, 2019.

"If we were in the backstop, it would be quite hard for us to engage with partners, not knowing when the end date would be when we could implement any agreement", he said on a trip to Northern Ireland.

On Saturday, McDonnell will tell activists in Stoke-on-Trent - which voted for Brexit more emphatically than any other city - that it and other industrial areas left behind by globalization have been treated unfairly by May and her predecessor David Cameron.

Brussels responded with a flat "no" to the House of Commons which backed the prime minister's plan to seek "alternative arrangements" to the backstop for avoiding a hard border in Northern Ireland.

Five amendments, including Labour MP Yvette Cooper's bid to delay Brexit if Mrs May does not get her deal through Parliament and Mr Corbyn's own amendment, were defeated on Tuesday.

"I also accept that this House does not want the deal I put before it, in the form that it now exists". And while the deal in its original form may indeed be dead, Conservative MPs have been formulating amendments to the withdrawal agreement in an attempt to win enough support for it to pass.

Meanwhile, Tánaiste Simon Coveney will use a scheduled visit to Washington and NY next week to drum up support from the United States for Ireland's position on Brexit.

'It's like saying give me what I want or I'm jumping out of the window, ' he said.

Mr Dodds said that kind of rhetoric needed "to be toned down".

"During the searches to date Gardaí (Irish police) have recovered a substantial quantity of ammunition of varied caliber along with a mortar tube (pending examination by Garda ballistics experts)", the police said in a statement.

A source in French President Emmanuel Macron's office said Tuesday: "The withdrawal agreement and the backstop are not renegotiable".

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