The direction Brexit will take could become clearer this week as U.K. Prime Minister Boris Johnson prepares to meet his German and French counterparts.
Johnson's journey to Berlin Wednesday and Paris Thursday will be his first official trip abroad since being installed in 10 Downing Street in July. Johnson has repeatedly rubbished the existing Brexit deal on offer and has said the U.K. will leave the EU on October 31 "come what may."
The report also claimed that Gibraltar, a British territory on Spain's southern coast, was "underprepared" for a no-deal scenario in which the U.K. leaves the EU abruptly on October 31 with no transition period in place.Government minister Kwasi Kwarteng dismissed the leaked report, which had been compiled under the previous government, as "scaremongering.
"What you saw in the Yellowhammer report yesterday cannot, in my view, be described as scaremongering because it's the thinking of the government of Gibraltar, and the thinking of the U.K. government, of what the worst-case scenarios that we have to plan for are. And that iteration of the plan is already out of date and a lot of planning has been done in order to ensure that those outcomes are dealt with," he told CNBC's "Squawk Box Europe.
Johnson will also reportedly tell Macron and Merkel that the U.K. Parliament cannot stop a no-deal Brexit, even if a majority of U.K. lawmakers vote against it.
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