UK Minister Tells Companies to Stop Brexit Warnings

Tens of thousands march in pro and anti-Brexit rallies

Tens of thousands march in pro and anti-Brexit rallies

Banks need to step-up their preparations for a "no deal" Brexit, the EU's finance watchdog has said amid a stalemate in negotiations.

Brexiteers in Theresa May's government have warned they would be taking an uncompromising approach to European Union withdrawal as thousands marched in London yesterday in protest at Brexit.

"The best option is leaving with a good deal but you've got to be able to walk away from the table", he said.

Others wanted a redo referendum.

Our message was simple, "Brexit" is the modern day equivalent of the "Emperor's New Clothes" and we are the ones shouting that out. The company insisted that if Britain left both the EU's single market and customs union immediately and without any agreed transition, it would lead to "severe disruption and interruption of production".

Although London is the banking and financial hub of Europe, the City's continental rivals such as Paris, Frankfurt and Dublin are vying to take business that becomes available in the wake of Brexit. "In a competitive world, any kind of movement of goods, which would suffer any form of tariff, would clearly mean they would have to review very carefully whether they could really afford the cost of those terms". "Humanity is about us cooperating, not putting up false barriers".

Airbus, which employs about 14,000 people at 25 sites in the United Kingdom, said it needs to know by the end of the summer what rules will govern its operations or the company will "reconsider its long-term footprint in the country".

In a separate report, The Financial Times noted that European Union leaders last week called on member states and companies to step up contingency preparations for a no-deal Brexit after concerns that the United Kingdom had made "no substantial progress" on the Irish border.

Smaller parties, including the Greens and the centrist Liberal Democrats, support having a new Brexit vote.

"We are seriously considering whether we should continue that development or we should find alternate solutions", Williams said about plans to manufacture airplane wings in Britain.

BMW UK boss Ian Robertson has said clarity is needed by the end of the summer, the BBC reported. BMW employs about 8000 people in Britain.

Comedian Andy Parsons introduced prominent Remainers on-stage, including campaigner Gina Miller, actor Tony Robinson and former Lib Dem leader Nick Clegg, who claimed Brexiteer politicians were resorting to insults because the political momentum was falling away from them.

CER deputy director John Springford said: "Two years on from the referendum, we now know that the Brexit vote has seriously damaged the economy".

Organisers of the People's Vote march have estimated in excess of 100,000 people attended the rally in central London.

Demonstrators carry placards as they participate in the People's March demanding a vote on the final Brexit deal, in central London on the second anniversary of the 2016 vote.

The prime minister should also reserve the right to "take with it the £39bn it has offered to pay as part of a divorce settlement", it says.

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