Published: Thu, September 27, 2018
Global News | By Blake Casey

UK PM May: no-deal Brexit better than current European Union deal

UK PM May: no-deal Brexit better than current European Union deal

Mrs May said: "I think that it's right that people get engaged in the future of their companies, in the success of their companies".

Ireland's corporate tax rate is now at 12.5pc - nearly half the rate of other European countries' rates.

Jeremy Corbyn is meeting Michel Barnier in Brussels today after threatening to throw Brexit into chaos by voting down any deal that does not include a customs union.

The blunt way the prime minister's proposals were rejected prompted her to make an unplanned TV broadcast in which she demanded the United Kingdom be showed "respect" in talks.

"We can't let jobs continue to be cut and funds designed for public services be re-directed to pay for underperforming Brexit departments".

It will now be interesting to see whether the Labour leadership - including Mr Corbyn, who is a Eurosceptic at heart - really is courageous enough to argue that the country will be better off remaining in the European Union than leaving under the terms negotiated by Mrs May.

The CBI business group's director general Carolyn Fairbairn said there was "much common ground between business and Labour" but warned that "continual public barbs and backward-facing policy are deterring entrepreneurs and investors, at a time when we need them most".

"But if you [Theresa May] can't negotiate that deal then you need to make way for a party that can and will", he said, to a standing ovation.

"We have heard that the commission's most recent conversation with UK Brexit secretary Dominic Raab was by phone instead of in person", she said.

TROPICS: Kirk redevelops back into tropical storm
Rainfall totals from four to six inches, with isolated totals up to 10 inches, are possible through Friday from Barbados and St. The system is expected to run into heavy wind shear as it enters the Caribbean Sea, which will likely work to tear it apart.

He told Labour's annual gathering in Liverpool that a "no-deal" Brexit would be a "national disaster" and his preference in the first instance was for a general election.

The Labour leader will travel to Brussels with shadow Brexit secretary Sir Keir Starmer with the message that no-deal is not acceptable.

But there have been reports that some within her administration believe a fresh poll could give her the comfortable majority she needs to drive through a Brexit deal in the face of increasingly robust opposition from both the Leave and Remain wings of her party.

Up to 40 Tory Brexiteers have said they will oppose her plan if it comes to a vote in Parliament.

That has added to European Union worries that, even if they secure a deal with May, it could be rejected in the British parliament, where both Labour and some in May's deeply divided Conservative Party could vote against it.

However, Corbyn delivered the line as a muttered afterthought, suggesting he either resents the addition or fears it would alienate Labour voters who voted to leave the EU.

And thirdly, Brexit. Labour's policy is now, officially, all things to all people.

Yesterday, Labour passed a motion saying that the option of a referendum on the final Brexit deal should be left open, but Corbyn's preference is to call a general election.

Worldwide banks, insurers, asset managers, private equity firms and exchanges told Reuters they are moving the lowest number of employees possible, as they hold out for a Brexit deal guaranteeing access to the Single Market.

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