JAKARTA (TheInsiderStories) – Britain’s Queen Elizabeth gave her approval to legislation seeking to block Prime Minister Boris Johnson from carrying out a no-deal Brexit, AP reported on Monday (09/9), his plan to take the country out of the European Union (EU) on October 31 without spelling out the terms of the split.
Her action, known as a Royal Assent, came after parliament last week voted against attempts by Johnson to carry out his announced intention for Britain to divorce itself from the EU with or without a deal with Brussels.
Before Johnson took office in July, parliament three times rejected Brexit plans advanced by former Prime Minister Theresa May. Lawmakers in the House of Commons, however, have been unable to reach agreement on British trade practices with the EU after it leaves the 28-nation bloc and how to deal with a cross-border passage between Britain’s Northern Ireland and EU member Ireland.
Johnson is calling for a snap election on October 15 in an effort to win a parliamentary majority to approve his Brexit plans ahead of an EU summit of the continent’s leaders days later that could set the final terms of Britain’s departure from the EU.
But lawmakers are expected Monday to reject Johnson’s call for an election. With that expected outcome, Johnson says parliament will be suspended for five weeks until the queen gives her annual address to parliament outlining the government’s legislative plans for the upcoming year.
Johnson’s no-deal Brexit plans have been opposed by a majority of parliamentarians, including 21 Conservative lawmakers, among them Winston Churchill’s grandson, who worked to thwart the Tory prime minister. Johnson booted them from the Conservative party.
Meanwhile, the British economy grew at its fastest pace in six months in July, an unexpectedly strong performance that will allay fears Britain is facing a possible pre-Brexit recession.
The economy recorded growth across the board, with the dominant services sector enjoying its best month this year. All else being equal, it will expand 0.4 percent in the third quarter even if the output is unchanged in August and September, avoiding a second straight quarter of contraction.
However, there is evidence that the economy lost some momentum more recently as the political crisis over Brexit hit confidence and the trade war between the United States and China escalated.
Data from the Office for National Statistics on Monday showed that leaving the EU without a deal could trigger a recession lasting four quarters, with output contracting by 1.5 percent next year.
The pound strengthened following Monday’s data, which showed Gross Domestic Product (GDP) expanded 0.3 percent in July, beating forecasts for a 0.1 percent increase, and was unchanged over the latest three months. The economy will avoid a recession unless output drops by more than 0.8 percent over August and September.
However, in July the services sector – which accounts for about 80 percent of the economy – grew by 0.3 percent, while the struggling manufacturing and construction sectors also bounced back, with increases in output of 0.3 and 0.5 percent respectively. The City had been braced for a smaller 0.1 percent increase in GDP in July.
Written by Lexy Nantu, Email: email@example.com