Compromises are often unsatisfactory to all
. A customs union, for example, would only reduce not eliminate border frictions . By making it impossible to offer third countries lower tariffs on their goods exports, it would also make it far harder to strike free-trade deals, though they could in theory be done for services alone.
The second reason is the looming deadline, now April 12th. Usually when compromise fails, the status quo prevails. For Brexit, however, the default is leaving without a deal. This week the cabinet secretary, Sir Mark Sedwill, spelt out the consequences for ministers in gory detail. Prices would jump, the economy tip into recession and the nation’s security be imperilled. That is whys this week were trying to push through a law requiring Mrs May to seek another extension to the deadline.
She has in fact promised to do just that at the European Council in Brussels on April 10th. But it is not a given thatleaders, whose unanimous approval is needed for an extension, will agree. Several are fed up with Mrs May’s indecision and with Britishs’ failure to agree upon anything. Charles Grant of the Centre for European Reform, a think-tank, says the leaders are split, with France’s Emmanuel Macron inclined to be tougher on Mrs May than Germany’s Angela Merkel.
leaders are aware that she has lost control of her party and of Parliament. They know she has promised to quit as prime minister, and they are fearful of who might succeed her. Returning to that Commons protest, Aneurin Bevan famously warned the Labour Party that scrapping nuclear weapons would mean its foreign secretary walking naked into the conference chamber. Mrs May will not have to do that.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
What does Theresa May's compromise offer to Jeremy Corbyn mean for Brexit?Is the prime minister's offer to Labour party leader Jeremy Corbyn a trap?
Read more »
Can Theresa May and Jeremy Corbyn compromise on Brexit?Compromises are often unsatisfactory to all
Read more »
Theresa May Says She Wants Another Brexit Extension And To Enter Talks With Jeremy Corbyn'I've always been clear that we could make a success of no deal in the long term, but leaving with a deal is the best solution,' May said.
Read more »
Theresa May and Jeremy Corbyn fail to make Brexit breakthrough as talks spark furyTheresa May and Jeremy Corbyn's teams meet for further talks on a possible Brexit compromise on Thursday, but a deal remains distant.
Read more »
Brexit: Theresa May’s party is in a rage that she’s negotiating with opposition leader Jeremy CorbynThe pivot by the increasingly desperate British prime minister threatens to implode the Conservative Party, with hard-liners fearful that the move will result in an ultrasoft Brexit.
Read more »
Brexit compromise: Theresa May seeks delay to agree deal with Labour PartyBrexit compromise: UK Prime Minister Theresa May seeks delay to agree deal with the opposition Labour Party kholtonreuters piperliza GuyReuters
Read more »
Labour's Corbyn says Theresa May has not moved enough on BrexitOpposition leader Corbyn said that PM May didn’t move far enough in crisis talks aimed at breaking the deadlock over Britain’s exit from the EU
Read more »
Theresa May And Jeremy Corbyn Could Give Scotland, Wales and Northern Ireland A Veto On Future Changes To A Brexit DealThe plan would place a significant hurdle on a Brexit-supporting future prime minister to rip up a customs union deal.
Read more »
May reaches out to Corbyn to break Brexit impasseTheresa May can't deliver Brexit with the support of her own party. So she's going to try to deliver it with the support of Jeremy Corbyn instead.
Read more »
May stakes Brexit on opposition Labour leader CorbynUK Labour party leader Jeremy Corbyn is meeting for talks with Prime Minister Theresa May. Can they break the Brexit deadlock? Via ReutersTV
Read more »