The UK government of Prime Minister Theresa May is apparently drawing up contingency plans just in case the British end up leaving the EU in a so-called ‘Hard Brexit’ which would set them back to WTO trading rules.
One of the rules being considered is to advise against booking any travel beyond March 29, 2019, the date at which point the UK will officially have left the EU. The May government has immediately denied the rumours though, as it would be disastrous for travel agencies and airlines.
However, The Sunday Times reported “senior officials have explored the idea with at least one cabinet minister and discussed the impact that the advice could have on specific tour operators amid fears it might bankrupt them.”
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A Downing Street Number 10 spokesperson rejected the claim as “categorically untrue”, although the newspaper also reported a leak inquiry was under way in Ms May’s government to establish how the proposal became public.
If true, it would be disastrous news for Brits living overseas in places like Gibraltar, France or Spain as it could be interpreted that the government expects the pound to severely drop and therefore does not know whether summer travel plans booked before March 2019 will still be affordable afterwards, aka whether the Brits won’t have to pay extra afterwards.
It comes after the Chairman of the Bank of England, Mr Mark Carney, had warned that a no-deal Brexit could see the British Pound drop to being on par with the US dollar.
The BBC reported that “there are understood to be tensions among government ministers over the prospect of a no-deal Brexit, and the impact it might have on the economy.”
Meanwhile, Prime Minister Theresa May used the Sunday talk shows to criticize her Labour predecessor Mr Tony Blair who had urged to UK government to at this point consider a second EU referendum.
"For Tony Blair to go to Brussels and seek to undermine our negotiations by advocating for a second referendum is an insult to the office he once held and the people he once served.
She added: "We cannot, as he would, abdicate responsibility for this decision.
"Parliament has a democratic duty to deliver what the British people voted for."
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