Finance

United Kingdom 'not a vassal state': Brexit minister forced to defend transition deal

United Kingdom 'not a vassal state': Brexit minister forced to defend transition deal

Benn quoted from a July 2016 article written by Davis for the ConservativeHome website, in which the Brexit Secretary said he expected David Cameron's successor "to immediately trigger a large round of global trade deals with all our most favoured trade partners" and to "negotiate a free trade area massively larger than the EU" within two years.

The Brexit Secretary made clear he will argue for Britain to continue to enjoy the benefits of more than 750 worldwide agreements, including trade deals with non-EU countries, during the transition period.

Liberal Democrat MP Tom Brake, a supporter of the pro-EU Open Britain campaign, said: "The Government's attitude towards our sovereign Parliament is threatening to turn their stunning defeat over Amendment 7 into a sham".

Davis's speech was reportedly rewritten by the prime minister's aides last night following outrage among Conservative MPs over a speech by the chancellor Philip Hammond in Davos, Switzerland, in which he said there would only be "very modest" changes to Britain's trading relationship with the European Union after Brexit.

"This means we must discuss how regulators and agencies can best provide continuity and clarity for businesses during this period in a way that benefits everyone".

He paid tribute the speech CBI director-general Caroline Fairbairn gave earlier this week which called for Britain to remain in the customs union after it leaves the EU.

The development comes as British Prime Minster Theresa May reportedly faces a Eurosceptic rebellion over the notional two-year transition period. Download The for your device.in English and other languages.

U.K. Prime Minister Theresa May's office slapped down Philip Hammond for saying he hoped Brexit would bring only modest changes, after his comments enraged the euroskeptic lawmakers May needs to stay in her job.




Hard-line Brexit backer Jacob Rees-Mogg has already expressed alarm at the transition plans.

Speaking at the World Economic Forum in Davos, Switzerland, before Trump's imminent arrival, Tom Bossert said Turkey "ought to be mindful of the potential for escalation as they move into Syria and Afrin".

The US president said the European Union was "not cracked up to what it's supposed to be" and claimed he was unsurprised by the result of the Brexit referendum because Britons "don't want people coming from all over the world into Britain".

Mr Hammond later took to Twitter himself to say he was "clear" that the United Kingdom would leave both the single market and customs union after Brexit.

Asked about the relationship between Britain and America, Mr Mnuchin said: I think we have had a very special relationship for a long period of time.

Influential Tory Brexiteer Jacob Rees-Mogg responded by urging ministers not to be "timid and cowering" in their approach to European Union withdrawal.

He said there were people on "both sides of the argument" who "do not support us in our intention to deliver the Brexit people voted for". "These provide manufacturers with essential ingredients which often can't be sourced here or which we do not have the capacity to produce", the spokesperson said. "They did not vote for the management of decline", he said in a speech Thursday, accusing ministers of being "timid".


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