No-deal Brexit warning: German businesses TERRIFIED of Commons exit deal defeat

Posted on Nov 27 2018 - 7:20am by admin

German business leaders have expressed their concerns over the vote in the Commons which is set for December 11. Andreas Krautscheid, chief executive of German banking association BdB, called on MPs to accept the Brexit deal. Mr Krautscheid said: “The whole of Europe is now looking with great anxiety at the British House of Commons.

“If the agreement there does not get a majority, this would be a major setback for our continent and for the UK.

“We strongly urge the British parliamentarians not to oppose this agreement. There will not be anything better.”

And Thilo Brodtmann, general manager of German engineering association VDMA, warned companies to continue preparing for a no-deal Brexit ahead of next month’s vote.

Speaking in the Commons today, Mrs May said: “I’m looking ahead to December 11, when this House will be faced with a decision as to whether or not it wishes to deliver on the vote of the British people with a deal that not only delivers on that vote but also protects their jobs.”

But the Prime Minister is braced for a tough battle to push her unpopular deal through Parliament.

More than 80 Tory rebels have vowed to vote against Mrs May’s deal.

Jeremy Corbyn has said that his party will not support the deal, with the Labour leader branding Mrs May’s plans the ”worst of all worlds”.

And the DUP is also set to oppose her Brexit agreement.

Mrs May pleaded with ministers to back her plans as she defended her Brexit deal against an onslaught of questions from MPs from across the House.

The Prime Minister said: “There is a choice which this house will have to make. We can back this deal … or this house can choose to reject this deal and go back to square one.

“Because no-one knows what would happen if this deal doesn’t pass, it would open the door to more division and more uncertainty, with all the risks that will entail.”

It comes after EU leaders approved the deal in just 40 minutes at a summit in Brussels on Sunday.

Additional reporting by Monika Pallenberg.

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