THERESA May Burning Midnight Oil To Ensure BREXIT As Scheduled

AMIDST media report that  UK Prime Minister Theresa May’s    ministers  are  divided  over BREXIT  and numerous  British citizens  are calling  for  fresh  referendum  on the  issue, she has gone on record  saying that Britain will  consider extending the transition period after Brexit for a few months if needed. She is ready to work out a new trade deal with the European Union ‘s Secretariat headquartered in Brussels  U.EU negotiator Michel Barnier raised the idea as a way of breaking the deadlock on how to keep Britain’s border with Ireland open after Brexit is formalized. May emphasised she did not expect the extension beyond December 2020 as scheduled to be needed amid anger among euro sceptics at home that Britain could be tied to the EU indefinitely.  May was frank  to admit that both sides remained at odds over a “backstop” plan to avoid frontier checks in “Ireland if and until a new trade deal could be signed.”A further idea that has emerged — and it is an idea at this stage — is to create an option to extend the implementation period for a matter of months,” she said.”But the point is that this is not expected to be used, because we are working to ensure that we have that future relationship in place by the end of December 2020.”I’m clear that it is possible to do that (deal) and that is what we are working for.”And in those circumstances there would be no need for any proposal of this sort and I’m clear that I expect the implementation period to end at the end of December 2020.” The possibility of an extension made front-page news in Britain on Thursday and some MPs said they could not accept such a proposal at all.”Unless she can give a date when we will leave the EU and all its major institutions she cannot claim to have fulfilled the referendum vote” in 2016 for Brexit, The Sun newspaper has opined. Meanwhile, some experts apprehend that there will be cancelled flights, loss of consumer rights and long queues at the border, if no agreement is reached by next spring on BREXIT .Ryanair boss Michael O’Leary has threatened to ground his planes after Brexit to teach voters a lesson – but will it really come to that? This is the second in a five-part Telegraph Money series looking at how a no-deal Brexit scenario could affect your personal finances, he added. Knowledgeable people also fear that in the absence of a  deal between  UK and  EU on  Brexit, travel bookings, currency exchange and duty free will be impacted (Pic courtesy : The Telegraph).

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