Britain’s Conservative Party is facing trouble on the home front, as disputes over the status of Brexit have been thrown into question again following the controversial Autumn Declaration.
British Chancellor of the Exchequer Jeremy Hunt’s autumn statement marked a complete reversal of Liz Truss’s mini-budget, going from major tax cuts under Truss to around £55bn in spending cuts and tax increases to try to stabilize the economy.
Another part of new British Prime Minister Rishi Sunak’s plan to fix the economy could involve rolling back the most extreme parts of the Brexit deal, adopting instead what is known as a “Swiss-style” deal that would allow free trade. friction with the European Union. reported the Sunday Times.
Switzerland retains access to the single market but maintains certain regulations and payments in the Union’s budget. While the Swiss also retain freedom of movement with EU member states, the purported UK deal would not include such an element.
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Critics of the plan argue that adoption of such a plan still requires alignment with Europe on a number of regulations, which was one of the factors that prompted its departure from the Union in the first place.
A UK Foreign Office spokesman told Reuters such reports were “categorically false”.
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Sunak insisted on Monday that “the UK will not seek any relationship with Europe that is based on alignment with EU law.”
Nigel Farage, mastermind of the Brexit “UK Reform” Party in the European Parliament, tweeted a series of statements about the potential deal, saying Downing Street is “selling out on Brexit.”
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He also noted that Sunak appointed a stay in Europe activist named Will Dry as special adviser.
“Sunak’s Tories will be utterly defeated if they attempt Brexit in name only,” Farage wrote. “I will take care of it personally,” he added, which several media outlets interpreted as a possible provocation for Farage’s return to the political front.
He speculated that if the Conservatives were to adopt a Swiss-style deal, the party would be “wiped out” in the polls.
“The result in May 2019 will seem like a piece of cake,” he wrote on Twitter.
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Farage also told The Sun that he was “not ruling anything out…if they really betray Brexit, he would have to do something.”
Reuters contributed to this report.