Lawmakers in Prime Minister Theresa May’s Conservative party believe they can stop Britain leaving the European Union without a deal if such a situation should arise, news media reported on Tuesday.
The economic impact of a “cliff-edge” Brexit, alongside the failure of the Conservatives to win a majority in the general election, should lead to a rethink of the position that “no deal is better than a bad deal”, Sky News reported, citing at least 30 Conservative lawmakers.
Sky quoted a former minister saying “no deal is now dead”, and anticipating a transition phase of five to 10 years inside the European Economic Area.
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