Lords bid to block ‘no-deal’ Brexit as OBR raises recession fears

An anti-Brexit demonstration outside Parliament on June 12 last year.

The possibility of a Tory prime minister trying to prorogue Parliament – discontinuing it without dissolving it – in order to pass a “no-deal” Brexit has been pushed back by the House of Lords.

Peers voted by a majority of 103 to ensure Parliament will sit in the weeks leading up to the October 31 deadline, making it impossible for Boris Johnson (or, indeed, Jeremy Hunt) to ensure the deadline can pass without MPs interfering.

The vote happened the day before the Office for Budget Responsibility (OBR) warned that a “no-deal” Brexit could trigger a recession, shrinking the economy by two per cent by 2020.

The organisation said increased uncertainty and falling confidence would deter investment and hit trade.

The decision was an amendment to the Northern Ireland (executive formation) Bill which returns to the Commons today (July 18).

Voting by MPs is likely to be tight.

Supporters of Mr Johnson are saying that concerns over the economy are fear-mongering, and that it is buoyant at the moment.

That may be, but the OBR is saying leaving without a deal would add £30bn a year to borrowing from 2020-21 onwards and 12 per cent of GDP to net debt by 2023-24.

Watch how your MP votes – and take note of the effect on the economy. There will be an election soon, and you should judge your MP on whether they are reckless about your well-being.

Source: House of Lords passes amendment to help prevent no-deal Brexit | Politics | The Guardian

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4 thoughts on “Lords bid to block ‘no-deal’ Brexit as OBR raises recession fears

  1. thekeystonegirlblogs

    There’s no problem for Boris and his aides with a No-Deal Brexit, because they won’t be paying — those Brexit supporters of the dispossessed fraternity, who think they cannot get any poorer, will be the ones that pay. Basically, those that think we should have a No-Deal should reach into their pockets, and each stump up 30k, which may, or may not, cover the cost.

  2. nmac064

    The fraudulent referendum was a hard right coup. They lied to get a questionable marginal victory with their “sun-lit uplands” – now that their multiple lies have been exposed the reality is just nasty hard-line right-wing dogma.

  3. Zippi

    I wish that they’d devote as much time and energy into getting a deal. We have wasted too much time, already and I’m sorry but openly removing the possibility is a mistake. It did for Theresa May and it will do for whomever comes next.

Comments are closed.