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UK News DUP says it 'cannot support' PM's Brexit deal

11:26  17 october  2019
11:26  17 october  2019 Source:   cityam.com

Brexit latest: EU leaders suggest more time is needed to reach deal as last-minute talks fail to result in agreement

  Brexit latest: EU leaders suggest more time is needed to reach deal as last-minute talks fail to result in agreement Leo Varadkar said negotiators were 'making progress' but there are 'many issues' still to be resolvedIrish Prime Minister Leo Varadkar said negotiators were "making progress" in the talks but that as the time is running out before a crucial meeting of leaders on Thursday, there were still "many issues" yet to be resolved.

PM ’ s proposed deal suffers another blow after party objects to customs and VAT terms.

Sterling falls as Northern Irish party says it cannot support Brexit deal 'as things stand'. That could prove very difficult with the Democratic Unionist Party ( DUP ), a group of politicians in Northern Ireland which are allied with the ruling Conservative Party, announcing that it could not support the deal as it

a person wearing a suit and tie © Provided by City A.M. Ltd

The DUP said today that “as things stand” it cannot support Boris Johnson’s proposed Brexit deal, sending the pound tumbling against the dollar.

The Northern Irish party said: “We will continue to work with the government to try and get a sensible deal that works for Northern Ireland and protects the economic and constitutional intergrity of the UK”.

Read more: Boris Johnson inches closer to new Brexit deal

But Arlene Foster and Nigel Dodds warned they will not offer their backing to “what is being suggested on customs and consent issues”.

The DUP leaders added that “there is a lack of clarity on VAT”.

'If we leave, this idiot will shut up': Mark Francois left exasperated after TV interview interrupted by 'Stop Brexit' man

  'If we leave, this idiot will shut up': Mark Francois left exasperated after TV interview interrupted by 'Stop Brexit' man The now famous protester Steve Bray managed to derail more than one of Mr Francois' interviews by shouting 'Stop Brexit!'The MP and member of the European Research Group (ERG) of Conservative MPs gave a series of interviews to journalists keen to know if the grouping would lend its support to Boris Johnson's Brexit deal.

Image caption The support of Arlene Foster' s party, the DUP , is seen as crucial if Prime Minister Boris Johnson is to get his proposed Brexit deal through Parliament. Boris Johnson has suffered a blow to his proposed Brexit deal as the Democratic Unionist Party said it cannot support plans "as things

The Democratic Unionist Party ( DUP ) has said it "could not support " Prime Minister Boris Johnson' s revised Brexit plan for Northern Ireland. Party leader Arlene Foster and deputy leader Nigel Dodds said on Thursday they were in talks with the government. "As things stand we could not support what is

Prime Minister Johnson appeared to edge closer to a withdrawal agreement with EU leaders yesterday but had not yet won round Foster and her fellow DUP party members.

Downing Street conceded that it would not strike a Brexit deal with the EU before midnight yesterday but said the “mood music is encouraging”.

However, the DUP has poured cold water on Johnson’s latest proposals as talks go down to the wire.

The pound sank against the dollar in response, falling 0.452 per cent shortly after the DUP’s statement.

GBP stood at 1.2778, down 0.29 per cent, by 8.10am.

a close up of a person: Sterling fell sharply as the DUP voiced their dissatisfaction with Boris Johnson’s Brexit deal (credit: Yahoo Finance) © Provided by City A.M. Ltd Sterling fell sharply as the DUP voiced their dissatisfaction with Boris Johnson’s Brexit deal (credit: Yahoo Finance)

The failure to win over the DUP could mean the deal faces defeat in parliament even if EU leaders give it their backing at today and tomorrow’s EU summit.

N.Ireland's DUP says: We cannot support Brexit deal as it stands

  N.Ireland's DUP says: We cannot support Brexit deal as it stands N.Ireland's DUP says: We cannot support Brexit deal as it stands"As things stand, we could not support what is being suggested on customs and consent issues and there is a lack of clarity on VAT," DUP leader Arlene Foster and deputy leader Nigel Dodds said in a statement.

Boris Johnson heading to Brussels for crunch EU summit. PM needs to convince DUP over deal before putting it to MPs. Analysis: Why hardline ERG Tories will end up backing PM ' s Brexit deal . Reconstruction: How the PM sought to win over DUP , Cabinet and backbenchers.

The DUP says it cannot support the PM ' s proposals "as things stand". Currency markets have been reacting to every twist and turn of the latest Brexit negotations, and today is no different. Within minutes of the announcement that the DUP could not support the prime minister's deal as it stands

Details of issues relating to how the VAT regime will work were regarded as the final stumbling block last night until the DUP’s statement today.

The party has raised concerns over the Northern Ireland assembly’s oversight of future customs arrangements, known as consent.

If Johnson does manage to salvage a deal, MPs will get a chance to vote on it in a special sitting this Saturday.

But Johnson must secure an agreement with the EU by Saturday to avoid parliament’s Benn Act kicking in.

The Benn Act, which parliament passed to avoid a no-deal Brexit, seeks to force Johnson to request a Brexit delay until 31 January if he has failed to secure an agreement.

The PM has insisted the UK will leave the EU on 31 October. City A.M. has previously revealed the government may rely on the supremacy of EU law to bypass the Benn Act.

Read more: Most Brits want to honour Brexit referendum result, poll finds

Brexit deal in the balance, Boris Johnson can't dismiss indyref2, DUP rejects Brexit plan - Breakfast Politics Briefing

  Brexit deal in the balance, Boris Johnson can't dismiss indyref2, DUP rejects Brexit plan - Breakfast Politics Briefing Welcome to The Scotsman’s morning politics briefing. Here’s all you need to know for the day ahead. © Provided by Johnston Publishing Ltd Brexit deal in the balance as Boris Johnson faces crucial EU summitLast-gasp Brexit talks continued into the first day of a crucial European Union summit, which starts today, as the UK government struggled to secure the support of its DUP allies and the last remaining holdouts on the Brexiteer wing of the Conservative Party.

The PM is trying to get Tory Brexiteers and Democratic Unionists on board for his revised plan for Northern The DUP held their latest round of talks in Downing Street on Wednesday morning. Brexit deal hangs in balance as PM seeks support . The PM ' s team must convince parliamentary

The party says it is "more alarmed" than ever about what the deal will mean for Northern Ireland. Image caption The DUP ' s Sammy Wilson is worried the UK will remain closely aligned to EU rules in perpetuity. There is "no way" the Democratic Unionist Party will back Theresa May' s Brexit deal , a

If Johnson does secure a deal, this EU summit could be the UK’s last.

European Council President Donald Tusk said yesterday: “The basic foundations of this agreement are ready and theoretically we could accept a deal.

Deutsche Bank analyst Jim reid said a failure to secure a deal before Saturday will raise the possibility of a no-deal Brexit.

“If Johnson doesn’t reach a deal, and reverts to a no-deal stance, whether due to pressure from his Brexiteer flank or otherwise, then Brexit tail risks are reintroduced,” Reid said.

“This is because the UK government’s political incentives will likely shift back towards a no deal Brexit.”

If Johnson fails to convince the DUP of the merits of his deal, a delay would make the PM look weaker than embracing a no-deal departure, Reid said.

“Pressing ahead with negotiations next week after having been forced to extend Article 50 by the Benn legislation will make the government look weak, particularly if Johnson’s deal is characterised politically as a ‘sell out’,” he said.

The government had appeared to be set to win the support of Tory Eurosceptics collective the European Research Group.

Read more: Is a Brexit deal finally within Boris’ reach?

Earlier this week ERG chairman Steve Baker said he was “optimistic” of the deal, saying he would back a “tolerable” withdrawal agreement.

“We know there will be compromises, but we will be looking at this deal in minute detail with a view to supporting it, but until we see that text, we can’t say,” he told reporters.

This is a breaking news story. More to follow.

The post Pound sinks as DUP says it 'cannot support' Boris Johnson's Brexit deal appeared first on CityAM.

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