Senior Tory donors have warned that Theresa May should walk away from Brexit talks rather than accept an “unsatisfactory and unfavourable deal” that would poison relations with Europe for another generation. However, some Tory Brexiters are concerned at the slow pace of negotiations and want the option of walking away to be a viable one. Maybe our own Remainers will cajole us into a high exit fee and an disadvantageous trade deal? It comes as new economic modelling by the European parliament suggests that a “no deal” Brexit would increase UK consumer prices by 4% in 2030 and wipe 2.4% off the UK’s GDP. The American Chambers of Commerce to the EU said leaving with no deal would have “potentially devastating consequences”.

Source: The Guardian October 28, 2017 20:26 UTC