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Showing posts from December 19, 2018

EU to reveal no-deal plans

                        Brexit: EU to reveal no-deal plans The European Commission will publish its no-deal contingency plans on Wednesday - an attempt to mitigate the damage if the UK crashes out of the EU. The proposals are designed to limit disruption in certain key areas, such as finance and transport, if Brexit goes ahead in March without a deal. As PM Theresa May's proposed exit plan flounders, both sides are preparing for the worst-case scenario. The UK has allocated £2bn ($2.5bn) in funding to government departments. What are the European plans? The European Commission will set out 14 bare-bones proposals, covering legislation that will aim to ensure some continuity. The measures address eight sectors, taking in issues such as road transport and customs, and how flights can proceed between the UK and EU. These areas also include data protection, animal health and plants, climate policy, key financial products and the rights of UK citizens living i