Money: Hunt tells Japan: We don't want a no-deal Brexit - PressFrom - United Kingdom

MoneyHunt tells Japan: We don't want a no-deal Brexit

13:41  15 april  2019
13:41  15 april  2019 Source:

Theresa May asks the EU for Brexit to be delayed until June 30

Theresa May asks the EU for Brexit to be delayed until June 30 The prime minister writes to European Council President Donald Tusk requesting a flexible extension to Brexit.

Jeremy Hunt has clarified his comments about a no - deal Brexit , saying Britain "would survive and prosper" - but it would be a "big mistake for Europe". Tory MP Nigel Evans said: " We don ' t need any lectures from Remainers." The backbencher, who campaigned for Brexit , told the BBC: "He's got his

A no - deal Brexit will tear us from every EU law, instrument and agency overnight. Tory MPs have so far largely swallowed a hard Brexit they do not want . But a no - deal is an unprecedented The Brexit fundamentalists prefer the more traditional Orwellian pursuit of promising no new border controls

Hunt tells Japan: We don't want a no-deal Brexit © Reuters Jeremy Hunt has had talks with Japan's prime minister Shinzo Abe

Foreign Secretary Jeremy Hunt has told Japan's prime minister that the UK is determined to avoid exiting the European Union without a deal.

During a visit to Tokyo, Mr Hunt told Shinzo Abe: "We recognise that Japan has many investments employing hundreds of thousands of people in the UK.

"We want strong cooperation to continue."

According to Japanese broadcast NHK, Mr Abe had said he hoped the UK would not leave the EU without an agreement.

He also said he hoped the impact of Brexit on Japanese firms and the global economy would be minimal.

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A no - deal Brexit will not happen. Here’s why | Jonathan Lis. Read more. We want to be flexible and we don ’ t want to allow bureaucracy to get in the way of providing farmers with the support they Austrian foreign minister plays down Hunt 's warnings about no deal Brexit happening by accident.

The foreign secretary said a no - deal Brexit would “inevitably change British attitudes towards Europe”, just a day after Latvia’s foreign minister claimed the Discussing the risk of no proper negotiated deal he said: “It would be a mistake we would regret for generations, if we had a messy, ugly divorce and

Mr Hunt's visit comes just over a month after Japan's ambassador to the UK warned that Japanese companies could continue to move out of the UK if there was not a good post-Brexit deal.

Speaking to Sky News after Nissan and Honda both announced production cuts at their UK-based plants, Koji Tsuruoka said Japanese companies had been cutting back on investment in the UK amid the uncertainty.

Hunt tells Japan: We don't want a no-deal Brexit © Reuters Toyota plans to make hybrid electric vehicles at the Burnaston plant in Derbyshire

But he also said that a post-Brexit trade deal between the UK and Japan would not take long to arrange.

Nissan and Honda denied their cutbacks were due to Brexit, with some commentators saying that Japan now benefits from lower tariffs on exports to the EU through the EU-Japan trade deal.

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Shinzo Abe has told Theresa May to avoid a no - deal Brexit , hinting that investors from Japan need predictability and stability. Speaking before a bilateral meeting at the G20 summit in Argentina, the Japanese prime minister said he wanted to “pay tribute” to May’s leadership in securing the deal.

EU's Tusk tells UK: ' Don ' t waste Brexit overtime'. Business of Brexit . French official calls on EU watchdog to UK Home Office will seek to end free movement in case of no - deal Brexit . British Prime Minister Theresa May defended her decision to delay Brexit and seek a compromise exit plan

But Mr Tsuruoka said many of Japan's 1,000 or so UK-based companies were considering how they would adjust to life in the UK after Brexit.

Japan is one of the UK's most important foreign investors, with car production playing a major role in this.

Mr Hunt will also visit Toyota during his visit to Japan.

The Japanese carmaker announced in March that it plans to make hybrid electric vehicles on behalf of Suzuki at its Burnaston plant in Derbyshire, with engines from its Deeside site in North Wales.

It will not lead to any more jobs or investments but will increase the utilisation rate at Toyota's car factory, providing reassurance at a time when worries including Brexit hang over the sector.

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