Search ForexCrunch

The UK Foreign Minister Jeremy Hunt wrote in Tuesday’s Daily Telegraph, it would be “political suicide” to pursue a no-deal Brexit through a general election, as reported by Reuters.

Key Quotes:

“Trying to deliver no deal through a general election is not a solution; it is political suicide.”

“A different deal is, therefore, the only solution – and what I will pursue if I am a leader.”

“I have always believed that no deal is better than no Brexit, but parliament has passed laws to stop a government willingly walking into no deal.”

Would seek to take Britain out of the customs union while “respecting legitimate concerns” around the Irish border.

“The last thing they want is to make a concession to what they see as Britain’s populist movement,” Hunt said of the EU.

“But that does not rule out a reasonable and statesmanlike request to change the backstop for a different set of guarantees on the Irish border.”