UK’s May seeks Brexit deal ‘soon’ as delayed exit costs rise - News Summed Up

UK’s May seeks Brexit deal ‘soon’ as delayed exit costs rise


May’s Conservative government struck a divorce deal with the EU late last year, but Britain’s Parliament has rejected it three times. “We know that we need to end this uncertainty and do it as soon as possible and I hope a deal can be done,” May told a committee of lawmakers. The government rejects the idea, arguing that accepting EU tariff rules would prevent Britain striking new trade deals around the world. May said that if an agreement couldn’t be reached soon, the House of Commons would get to vote on a variety of Brexit options. The government also had to pay 33 million pounds ($43 million) to settle a lawsuit from cross-channel rail operator Eurotunnel, which alleged that it had been improperly excluded from bidding for post-Brexit freight contracts.


Source: Washington Post May 01, 2019 16:07 UTC



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