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DEAL OR NO DEAL? Rees Mogg Predicts EU Will Offer WTO Terms

The problem that Britain has, one commentator opined at the beginning of the Brexit process is that Brexit is a policy without a government. Actually, the problem that Britain now has is that it has a government with, if truth be told, the opposite policy.

This is the root cause of the omnishambolic approach of the government and the PM. Yesterday, the EU rejected Mrs May’s capitulation at Chequers and today one of the leading Brexiteers on the Tory benches, Jacob Rees Mogg has predicted that the EU will offer WTO terms which would be an effective no deal.

Mr Rees-Mogg rightly said that the “WTO is nothing to be frightened of” however, somewhat perplexingly he rejected the “theatrics” of “walking away”:

“I don’t think we necessarily need the theatrics of walking away but the reality is that the WTO is likely to be all that they offer us.”

However, the problem with not walking away is that it leaves the £39 billion ‘divorce settlement’ on the table. If the EU were to offer WTO terms it is likely they will demand this is paid. So, anything less than a clean break and a clean Brexit runs the risk of being effective vassalage.



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