British MPs, lobby group pressure against 'hard Brexit'
Some MPs also say a debate and vote on Brexit negotiations are essential
London
PARLIAMENTARIANS and the Confederation of British Industry are pressurising the government not to leave the European Single Market.
The moves have placed premier Theresa May's government, which has a mere 16 parliamentary majority, in a dilemma. A so-called "soft Brexit", similar to the European Union (EU) deals of Norway and Switzerland would imply that Britain would have to accept free movement of labour and continue to make substantial contributions to the EU budget. Such an agreement would be contrary to the wishes of the 52 per cent or some 17 million voters, who chose Brexit in the referendum.
According to polls, the vast majority of these voters want control of the UK's borders. They also want Britain to sc…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Luxury sector outlook clouded by China’s slow recovery
TikTok CEO expects to defeat US restrictions: ‘We aren’t going anywhere’
TikTok artists and advertisers to stay with app until ‘door slams shut’
Biden signs Ukraine aid, TikTok ban Bills after Republican battle
UAE announces US$544 million for rain repairs, says lessons 'learned'
HSBC says growing Chinese wealth fuels client investments in US