Playing by WTO rules ‘is no soft option’ as hard Brexit fears grow
Falling back on World Trade Organisation rules will not be a simple way of leaving the European Union, WTO officials warned yesterday, as traders sold both shares and the pound amid fresh jitters over “hard Brexit”.
Fears are growing that politicians will push the button on a quick exit from the European Union that will take Britain out of the single market, as Eurosceptic government ministers appear to be in the ascendancy.
David Davis, the Brexit minister, has said it is “improbable” that Britain can stay in the single market while regaining control over immigration. Boris Johnson, the foreign secretary,…