United Kingdom says European Union must compromise on Brexit deal

Britain's Prime Minister Boris Johnson gestures as he gives a speech on domestic priorities at the Science and Industry Museum in Manchester northwest England

(Getty) Johnson has ordered his ministers "go into overdrive" to prepare for no-deal Brexit.

On Monday, the pound tumbled to its lowest against the dollar since early 2017 on the strengthened rhetoric.

Sterling tumbled to a 28-month low on Monday as Prime Minister Boris Johnson said the Brexit divorce was dead and warned that unless the European Union renegotiated, Britain would leave on October 31 without a deal.

"And that is the message that he has been giving to leaders when he has spoken to them on the telephone so far".

He has said that the European Union must drop a "backstop" meant to keep the Irish border open.

Chancellor of the Exchequer Sajid Javid wrote in The Sunday Telegraph that the government will fund one of Britain's "biggest ever public information campaigns" to prepare individuals and businesses for a no-deal Brexit.

"What we want need to do is to build a new partnership with all the things that matter to us, sharing cooperation on defense, on security, on intelligence, cultural, scientific collaboration, everything that you would expect", Johnson said. The pound fell more than 1 per cent. "I will be getting on a plane to the U.S. in the next few weeks to move this forward", adding that the United Kingdom will also be looking at free trade agreements with the Commonwealth nations which includes India, Canada, and countries in Africa and the Antipodes.

Johnson, who will take the symbolic title of minister for the union alongside that of prime minister, announced £300 million ($370 million, 332 million euros) of new investment for Scotland, Wales and Northern Ireland ahead of Monday's visit.

Mr Gove also added that a "n$3 o-deal is now a very real prospect" following comments from Brussels last week which rejected the possibility of re-opening debates on the withdrawal agreement.

"I don't want to bring down the Government, I'm hoping that the Government will recognise through the summer that this strategy is flawed, that this has no democratic mandate, and that if we want to make a success of our future then we can not possibly contemplate throwing away 40 years of integration - putting all our small businesses at risk, losing free trade not just with Europe but all the countries we have free trade with".

While Mr Johnson is playing hardball with the Europeans, he is setting his sights outwards to the rest of the world.

Prior to his meeting with Sturgeon, Johnson met the Scottish Conservative leader Ruth Davidson, who on Sunday issued a defiant challenge to the prime minister, pledging that she will refuse to back a no-deal Brexit.

"That means scrapping the common agricultural policy and signing new trade deals - our fantastic food and farming sector will be ready and waiting to continue selling ever more, not just here but around the world".



Latest news

Indian Family Caught Stealing Accessories From Bali Hotel, Video Goes Viral
In an Instagram post on Saturday, police confirmed that the incident took place at the The Royal Purnama hotel in Sukawati. A video of an Indian family getting caught stealing accessories from a hotel in Bali is taking the internet by storm.

France will continue with its technology tax amidst tariff threat from US
However, American wine exports are dwarfed in volume by the far bigger output from France, Italy and Spain. France just put a digital tax on our great American technology companies.

Tropical disturbance moisture to impact South Florida Friday
If either system becomes a tropical storm, the next name on the 2019 Atlantic Hurricane names list is Tropical Storm Chantal. AccuWeather Meteorologist Brett Rathbun said waters are sufficiently warm for development of the system.

Ryanair 1Q 2020 net profit down 21% on lower fares, higher costs
Ryanair (RYA.I) earlier this month halved its growth targets for the next year because of delays in deliveries of the 737 MAX. Ryanair also saw an 11 per cent increase in passenger numbers, carrying 42 million guests in the first three months.

Hacker gets access to 100 million Capital One credit card applications
The vulnerability was reported to the company by a security researcher on July 17, and the breach was discovered on July 19. About 140,000 social security numbers and 80,000 linked bank account numbers were compromised, Capital One said.

Other news