British PM Theresa May Says Impossible To Rule Out No-Deal Brexit

British PM Theresa May Says Impossible To Rule Out No-Deal Brexit

British PM Theresa May Says Impossible To Rule Out No-Deal Brexit

More than 170 leading business figures have called for British Prime Minister Theresa May and Labour leader Jeremy Corbyn to back a second referendum on withdrawal from the European Union.

Labour former prime minister Tony Blair said Corbyn must meet with the British leader.

Ms McVey said she and her fellow Brexit MPs "are fighting hard, fighting hard for you, and will not rest as a minority in parliament until you get what you voted for". Parliament has instructed her to return with an alternative plan by next Monday, the opening day of this year's WEF gathering. May's office said she would be skipping next week's World Economic Forum meeting in Davos, Switzerland, to focus on the Brexit crisis.

"Don't think the other side aren't organised, don't think the other side aren't prepared, don't think they haven't raised the money, don't think they haven't got the teams in place, they have".

With the Prime Minister appearing unwilling to budge despite the overwhelming rejection of her plan, MPs may take the process out of her hands in parliament next week.

Cabinet ministers have warned that Theresa May will face mass resignations if MPs are barred from trying to stop a no-deal Brexit.

Most Conservative lawmakers reject a customs union because it would prevent Britain having an independent trade policy - one of their main demands.

Labour MP Ian Murray said calling up reservists "shows just how serious the threat of a no-deal Brexit is". Germany is fast-tracking a debate on solving bureaucratic problems if there is no Brexit deal.

British media reported that Corbyn was also asking party members not to engage with May's ministers as they hold separate lower-level talks across party lines. The British parliament on Tuesday rejected overwhelmingly the Brexit deal.

Under EU rules for a member state leaving the bloc "we will leave the EU without a deal on March 29 unless parliament either agrees a deal with the EU or the United Kingdom revokes Article 50 and chooses to stay in the EU permanently", she wrote.

And he said Labour would table further no-confidence motions in the government "if necessary". It puts workers' rights at risk.

European Union negotiator Michel Barnier said on Thursday that Brussels would welcome proposals about a "more ambitious economic relationship" from May. "And I intend to do so", May said outside Downing Street in an attempt to address voters directly.

But he added that a delay had not been formally discussed "because we do not wish to do it".

At Ford Motor Co., Chief Financial Officer Bob Shanks said Wednesday: "Ford continues to view a no-deal exit as the least likely outcome given how damaging it would be, but we recognize the situation is highly uncertain after yesterday's vote".

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