The UK isn’t ready to Brexit. Instead it’s heading towards a no-deal tsunami | Polly Toynbee

The Institute for Government warns that crucial laws needed for post-Brexit will not be in place. MPs must summon courage

Shellshocked MPs of the sensible tendency are now seriously alarmed. You find them in a daze around Westminster and its news studio green-rooms stunned by Tuesday night’s failure of the modest Cooper amendment to prevent a no-deal crash-out.

Each day the news gets worse, not forecasts, but actuality. Today it’s the UK motor manufacturers reporting a 50% drop in investment last year and Barclays whisking £166bn of assets off to Dublin, joining a torrential outflow, including Jacob Rees-Mogg’s own investment company.

Related: Ford says no-deal Brexit would mean costs of $800m in 2019 alone

The housing minister Kit Malthouse brokered talks between Brexiters and former remainers on a possible way out of the Brexit impasse.

Related: The backstop isn’t just about trade. Is that so hard to understand, Britain? | Dearbhail McDonald

Continue reading…

Read full original article »