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Britain to spend an extra $2.6 billion on no-deal Brexit planning

Britain to spend an extra $2.6 billion on no-deal Brexit planningBritain is ramping up preparations for a no-deal Brexit by preparing to spend an extra 2.1 billion pounds ($2.6 billion) to make sure the country is ready to leave the European Union with or without a divorce deal at the end of October. The new government led by Prime Minister Boris Johnson, which took power last week, has pledged to leave the trading bloc without an agreement in three months unless the EU agrees to renegotiate the deal agreed by his predecessor Theresa May. Ministers have warned that one of the most hotly contested elements of the divorce agreement - the Irish border backstop - will have to be struck out if there is to be a deal, something the EU has repeatedly said it won't agree to.




from Yahoo News - Latest News & Headlines https://ift.tt/2MtBo2x

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