Brexit: Remainer rebel mps to mount a dramatic bid to block a no deal brexit next week – The Sun

The sun has published an article reporting that remainer rebel MPs are to mount a dramatic new bid to block a No Deal Brexit next week by cutting off the Government’s money supply.

• The fresh attempt is being led by former Tory Attorney General Dominic Grieve and ex-Labour Foreign Secretary Dame Margaret Beckett.
• The cross-party duo have tabled amendments to routine finance legislation – dubbed estimates - that was set to be nodded through on Tuesday July 2.
• If the plan succeeds, the new PM will be forced to either pass a withdrawal agreement with the EU through the Commons or win its permission for a No Deal exit on October 31 first.
• If they fail, funding to a series of key Government ministries will be immediately cut off, and Whitehall will be plunged into a standstill.
• Confirming the plan, Mr Grieve told The Sun: “The suggestion that we could or should be taken out of the EU without the consent
• of the House of Commons is fundamentally wrong, and frankly unconstitutional.

The new plan

• “The fact that it is being suggested as a viable option is unacceptable.
• “The Commons should put down such markers as it can that such a course of action is acceptable.”
• Mr Grieve added: “I encourage all MPs to support it no matter what party they’re from”.
• Tory leadership contenders Boris Johnson  and Jeremy Hunt have both pledged to execute a No Deal exit if talks for a new  agreement  with the EU fail.
• The move sparked fury among Brexiteers.
• Vice chair of the Eurosceptic Tory ERG Mark Francois said: “After the European elections it is clear that the British public are utterly sick and tired of MPs playing parliamentary games to frustrate Brexit.
• “The idea some utterly Europhile MPs are threatening to withhold school funding or benefits payments is abhorrent, and I hope and believe this amendment will be defeated.”

The pound will otherwise be under pressure on the notion of a hard Brexit.

• GBP/USD technical analysis: Cable hovering near weekly lows sub-1.2700 figure