×

Insights

Brexit roundup-Week Commencing 9th September 2019

Published:

Brexit and the UK Constitution

 

  1. Boris Johnson’s prorogation of parliament is lawful, high court rules. The Guardian has more.
  2. Boris Johnson suffered the first defeat of his premiership this week as MPs voted to seize control of the Commons timetable to block a no-deal Brexit. Meanwhile, a total 21 Tory rebels have been effectively kicked out of the party after they voted with opposition parties to block a no-deal Brexit.

Post- Brexit deal with the EU

  1. Boris Johnson has admitted there is a “high chance” of a no-deal Brexit – despite previously claiming it was a “million-to-one” shot. He said he would rather be dead in a ditch than ask the EU for a Brexit extension. Meanwhile, Michel Barnier has warned diplomats that Brexit negotiations between the UK and EU are in “a state of paralysis”.
  2. Labour has stated that they will reject Boris Johnson’s latest attempt to stage a general election on 15 October.
  3. Jo Johnson, announced he was quitting the cabinet, citing an “unresolvable tension” between his family loyalty and the national interest.
  4. Sajid Javid will pledge to hand Whitehall departments an extra £2 billion to cover the costs of Brexit when he sets out his spending plans.

Impact of Brexit on the economy

  1. The Sterling has tumbled by almost a cent against the US dollar and falls by about 0.7% on the euro on back of general election speculation.
  2. An abrupt departure from the EU would bring significant disruption to life in the UK, with a “highly probable” recession, a group of leading academics concluded on Wednesday in their version of the government’s secret Yellowhammer report on no-deal preparation.