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Lord King calls for a “credible fallback”, in case no EU trade deal is reached

Monday, August 7th 2017 - 07:21 UTC
Full article 2 comments

The UK needs a “credible fallback” in case no EU trade deal is reached during Brexit negotiations, former Bank of England governor Mervyn King has said. Lord King said British negotiators needed to show Brussels the country has an alternative over a bad trade deal post-Brexit. Read full article

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  • Bisley

    This is something the British government should have been planning for from the beginning, if it wasn't being run by incompetents. They've had a year -- things should already be in place to continue trade under WTO rules. If the EU agrees to anything at all, it won't be much. Britain must be put in a substantially worse position outside the EU than in, or EU membership has no value -- and the EU's number one priority in all this is to preserve itself.

    Aug 07th, 2017 - 01:49 pm - Link - Report abuse 0
  • DemonTree

    For once I agree with Bisley. If they are going to say no deal is better than a bad deal, they should have plans for a no deal outcome. And the government being run by incompetents is exactly why I didn't want them in charge of Brexit...

    Aug 08th, 2017 - 03:32 pm - Link - Report abuse 0

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