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May's demands on Brexit unrealistic

Theresa May promised her speech at Lancaster House would finally provide some clarity on what she meant by Brexit, but it's little more than trying to have her cake and eat it.

She will leave the single market, but demands a comprehensive free trade deal without paying much into the budget, or bowing to the European Court of Justice - plus a tariff-free customs agreement that leaves the United Kingdom free to strike trade deals with the rest of the EU.

She cannot be serious.

Throwing a morsel to her Europhobic backwoodsmen, she threatened to walk away if she was offered a "bad deal", but a "no deal" puts us in the tariff-based regime of the World Trade Organisation, which will have a devastating effect on UK business.



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