British PM Boris Johnson plans Brexit law guarantee in new no-deal threat

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LONDON (BLOOMBERG) - Boris Johnson will change the law to guarantee the Brexit transition phase is not extended, setting up a new cliff-edge for a no-deal split with the European Union at the end of next year.. Read more at straitstimes.com.

LONDON - Boris Johnson will change the law to guarantee the Brexit transition phase is not extended, setting up a new cliff-edge for a no-deal split with the European Union at the end of next year.

Johnson's gambit is the latest sign of intent as he seeks to force through Britain's divorce from the 28-nation bloc without further delay. After winning a big majority in last week's general election, the prime minister now has the power to do as he pleases on Brexit, without fear Parliament will thwart his plans.

DEADLINES, CONTINUITY The law would potentially force the UK out of the EU without a new deal in place, threatening tariffs and disruption to trade. Johnson's plan to give priority to delivering Brexit was also reflected in appointments to his Cabinet, announced Monday evening, which put the emphasis on continuity as he seeks to minimise disruption before the Jan 31 deadline.

 

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