The European Union’s chief negotiator Michel Barnier said Tuesday that Britain’s exit from the EU without a deal was becoming “day after day more likely.” He issued the warning the morning after the U.K. Parliament again rejected alternatives to Prime Minister Theresa May’s unpopular divorce deal.
With Brexit deadline 10 days away, hope for orderly divorce fading fast
Despite the downbeat assessment, Barnier said that “we can still hope to avoid it” through intensive work in London ahead of an April 10 summit. A no-deal Brexit could come as soon two days after that.He urged the feuding lawmakers in London to back the plan that May spent more than two years negotiating with the EU, calling it the only hope.
“If the U.K. still wants to leave the EU in an orderly manner, this agreement, this treaty is and will be the only one,” he said Tuesday in Brussels.Despite the difficulties of a chaotic exit, “the EU will be able to manage,” Barnier said, although he warned that “not everything will be smooth.”Exit without a deal would affect trade and travel overnight, with new checks on borders and new regulations on dealings between Britain and the 27 remaining EU nations. While the exact ramifications of an unprecedented EU withdrawal remain unclear, many — including the U.K. government’s own central bank — have warned that the impact on the British economy could be dire.A long list of global corporations have already announced plans to relocate their European headquarters from London to other cities in the EU over Brexit, and others have already shifted some personnel and put contingency plans in place to move more out of the Britain.May gathers her cabinetMay was embarking on a marathon session with her Cabinet on Tuesday to try and find a way to avert a no-deal exit from the Union. Cabinet members arrived for a meeting expected to last five hours amid calls for compromise to prevent the potentially devastating crash out.The government has been pushing for a fourth vote on May’s deal, with Education Secretary Damian Hinds saying the agreement already represents a compromise between all sides in the Brexit debate.Hinds told CBS News partner network BBC News that the deal was “a good balance, and I hope colleagues can get behind it.”While there was no majority in favor of any of the four options voted on Monday night, the votes did reveal a preference among lawmakers for a softer form of Brexit — but no clear way to make that happen.