UK POLITICS: ‘Brexit May Never Happen’: Sir Vince Cable Liberal Democrat MP

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By Politicoscope July 9, 2017 11:23
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““The problems are enormous, divisions within the two major parties are enormous, I can see a scenario in which this doesn’t happen,” Sir Vince Cable.

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UK POLITICS: ‘Brexit May Never Happen’: Sir Vince Cable Liberal Democrat MP

A senior British MP has suggested that Brexit might never happen, casting doubt on the process that began a few months after Britons voted to exit the European Union on 23 June 2016.

“I’m beginning to think that Brexit may never happen,” Liberal Democrat MP Sir Vince Cable told the BBC’s Andrew Marr Show broadcast on Sunday.

Cable also said that a second referendum could see the initial Leave vote overturned.

“The problems are so enormous, the divisions within the two major parties are so enormous, I can see a scenario in which this doesn’t happen.

“Our policy of having a second referendum, which didn’t really cut through in the general election, is designed to give a way out when it becomes clear that Brexit is potentially disastrous.”

The UK and the EU started the formal Brexit talks last month with British Prime Minister Theresa May expecting the Brexit process to be completed by March 2019 even though the EU has warned that the two sides should reach a deal before October 2018.

May has made it clear that if the two sides miss the deadline without achieving a deal she would take the country out of the EU regardless, raising the prospects of a so-called “hard Brexit.”

Experts have warned that a hard Brexit, which among other things means losing access to the EU Single Market, would slash the UK financial industry’s revenue by £38 billion.

May, who faced strong opposition in parliament after a miscalculated call for snap general election, has been struggling to keep up with her own Brexit plans.

– Press TV


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Politicoscope
By Politicoscope July 9, 2017 11:23
Since You’re Here, We Would Like to ask You for Help
There are more readers worldwide reading the Politicoscope daily news content than ever before. Unlike many other news media organisations that charge their readers subscription fees for the same daily news content and features we offer you for free, we do not charge all our readers to pay any fee. We depend on online advertising to generate the revenues to fund all these great news content and exclusive features provided to you for free. Currently, advertising revenues are quickly falling which is affecting our ability to offer you free online news content.
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