Theresa May Brexit deal: What is the Brexit deal and is it fully agreed?

Posted on Nov 28 2018 - 5:08am by admin

Theresa May’s Brexit Bill received mixed reactions among cabinet members. While the bill proposed by the Prime Minister was ultimately approved, a swathe of resignations left the cabinet in bad shape. Theresa May has since been busy rebuilding her inner circle and trying to secure assent for her Brexit bill in Parliament and the EU.

So far, she has already presented the bill to the EU, during a special weekend summit yesterday on November 25.

What is Theresa May’s Brexit deal?

The Prime Minister has been busy working in tandem wth UK and EU officials to sort out a legal draft document which will define how the UK separates from the EU.

Coming in at a total of 585 pages, the draft will cover every arena of Brexit, such as the Irish border dispute and citizen’s rights abroad.

In addition, it will cover the massive £39 billion divorce bill for leaving the EU.

READ MORE: What is the Brexit proposal?

A separate and much shorter document has set out proposed EU-UK relations following Brexit.

Given the documents were created by both EU and UK officials, both have had to make concessions coming to the final draft.

Importantly to Spain, concessions from the UK over the matter of Gibraltar have defined whether Prime Minister Pedro Sanchez is willing to grant his approval.

Mrs May’s concessions were ultimately approved, as leading members of the EU have officially given their assent for the Brexit bill.

Sunday’s summit meant significant headway for Theresa May, as her draft bill was accepted by 27 EU leaders.

However, this is not the final step for the plan to fly, as Theresa May still needs Parliament to accept her proposal.

A debate and vote on the final agreement from Parliament is expected to be underway by December 12, with Theresa May saying she hopes for proceedings to be underway before Christmas.

Already, major political leaders such as Jeremy Corbyn and Nicola Sturgeon have voiced their distaste for the bill, and will likely direct their MP’s to vote against it.

There have been confirmations from the Liberal Democrats, DUP and some rebel Conservative MP’s of voting against the bill.

READ MORE: What happens after EU approval?

Should the bill fail, the UK could be left without a Brexit agreement, producing the ‘no deal’ scenario.

The UK Withdrawal Act, which comes into effect on Brexit Day – March 29 2019 – will see EU treaties stop applying to the EU, and lays out what happens if MP’s reject the bill.

Ministers would have three weeks to then make a statement to Commons on how they expect to go forward.

European Commission President John Calude Juncker has warned those hoping Parliamentary rejection would bring around improved terms would be “disappointed”.

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