The latest news round up on Brexit brought to you by Diplomatique.Expert
S&P Global Ratings said on Tuesday that the chances of a no-deal Brexit had increased and warned that such an outcome would spark a long recession and a likely reduction in Britain’s credit rating. Financial Times
The agency said its baseline scenario was still that the UK and EU would strike a pact in which the transition period runs through 2020, followed by a free trade agreement. However, the risk of the UK crashing out of the bloc without a deal “has increased sufficiently to become a relevant rating consideration”, S&P said.
Employers will find it “almost impossible” to identify European Union citizens with the right to work in the U.K. but who have not yet secured the new “settled status,” the U.K.’s immigration minister said Tuesday. Politico
Caroline Nokes said U.K. employers would still be expected to check employees have a right to work in the country through a new “employers digital check,” but admitted there is “absolutely going to be a difficulty” in differentiating between “those who have been here and not been through the [settled status] process and those who have come as visitors and then seek to work.” Around 3.5M are expected to apply for the new ‘settled status,’ which will be granted to EU citizens who have been in the UK for five years by the end of 2020.
The European Union is pressing ahead with plans for a no-deal Brexit, amid uncertainty about when high-level negotiations will resume. With 149 days until Brexit day, time is running out to secure a deal that the British government wants to nail down this autumn, to allow time for the agreement to gain assent from parliament and the European parliament. The Guardian
EU diplomats meeting on Tuesday agreed to hold a series of no-deal planning seminars in November, covering citizens’ rights, aviation, ground transport, customs, border controls and financial services.
The U.K.’s Chancellor of the Exchequer Philip Hammond said that while he is “confident” the U.K. will strike a withdrawal agreement with the EU, the negotiations are no longer about “getting this exactly how we want it, exactly perfect.” Politico
“Personally, I think we will agree a deal with the European Union. This is a difficult negotiation, but I think we will agree a deal because it’s very much in the interests of both sides,” Hammond told BBC Radio’s Today Program.
David Davis has conceded that Theresa May is likely to get a Brexit deal through Parliament as he predicted that “terror will win” and force many potential rebels to back it. The Telegraph
The former Brexit Secretary said that the “irrational fear of no deal” would bring many MPs to heel and provide the Prime Minister with the numbers necessary to get an agreement with Brussels across the line. Speaking at a panel event hosted by The Spectator on Tuesday, Mr Davis, who resigned earlier this year over Mrs May’s widely criticised Chequers deal, compared the situation to the “project fear” deployed by George Osborne during the referendum campaign.
Source The Telegraph
The UK Government will not enforce the ban on mobile roaming charges for British citizens travelling in the EU after Brexit, a cross-party committee of MPs has warned. The Independent
The EU’s ban on mobile roaming charges for voice, text messages and data has meant using a smartphone on the continent is the same cost as using it at home. But the House of Commons EU Scrutiny Committee said in a report that this is unlikely to remain in place for the UK following withdrawal. It will mean that network operators will be the ones to decide whether to re-introduce roaming charges on UK customers, following their abolition last year across the whole EU.
George Osborne has admitted to “regrets” about his time in office and the “mistakes” that led to Brexit. BBC
The former chancellor was a prominent figure in the ill-fated Remain campaign at the 2016 EU referendum, led by then prime minister David Cameron. He said Mr Cameron’s government had been “too late in the day” to explain the benefits of EU membership. And, he told the BBC’s Newsnight, it should not have set immigration targets it could not deliver.