From centre carrying banner, British lawmaker Vince Cable, Pro-EU campaigners Gina Miller, Tony Robinson and lawmaker Caroline Lucas join crowds taking part in the People's Vote march for a second EU referendum, at Trafalgar Square in central London, Saturday June 23, 2018. Leading Brexit supporters are talking tough, and opponents are taking to the streets, on the second anniversary of Britain's vote to leave the European Union. Saturday marks two years since a June 23, 2016 referendum resulted in a decision to quit the 28-nation EU. (John Stillwell/PA via AP)

UK euroskeptics urge PM May to prepare for 'no deal' Brexit

June 24, 2018 - 5:40 am

LONDON (AP) — Pro-Brexit politicians and business figures are urging British Prime Minister Theresa May to be ready to walk away from the European Union without a trade agreement, despite warnings from major manufacturers that a "no deal" Brexit would be an economic disaster.

In an open letter, 60 lawmakers, economists and business chiefs say Britain should threaten to withhold the 39 billion pound ($52 billion) divorce bill it has already agreed to pay.

The letter released Sunday by Economists for Free Trade urges U.K. authorities "to accelerate their preparations for 'no deal' and a move to a World Trade Deal under WTO rules."

That would mean trade barriers between Britain and the EU.

Still, Airbus, Siemens and BMW have all warned that leaving the EU without a free-trade deal would hurt British businesses and jobs.

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