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Labour Crisis Follows Brexit Vote by nwatiti(m): 2:40pm On Jun 26, 2016 |
Labour crisis follows Brexit vote
LIVE
Live text and video updates - including all the
latest reaction and analysis - after the UK votes
to leave the European Union.
Summary
Show more updates
Seven members of the Labour shadow cabinet
have resigned and one has been sacked
Resignations so far include shadow health
secretary, Scottish secretary, transport
secretary and education secretary
Hilary Benn sacked from shadow cabinet by
Jeremy Corbyn
The UK will quit EU after Leave wins
Thursday's historic referendum
Scotland's First Minister Nicola Sturgeon says
Holyrood could try to block the UK's exit from
the EU
View the referendum results in full ; See the
BBC's full EU referendum special report
Live reporting
By Aiden James, Kevin Ponniah and
Claire Heald
New trade deals will need lots of government
lawyers
Brexit looks set to be boom time for lawyers.
Anthony Woolich, from international trade
lawyers Holman Fenwick Willan, says
government lawyers need to look at the UK
relationship with the EU and out to the world.
For the EU, a deal could take the shape of
joining the EEA, like Norway; or a free trade
agreement; Swiss-style bilateral agreements; a
customs union like Turkey; or falling back
on WTO non-discrimination rules.
Looking out, the UK for a while
could "grandfather" - piggyback on trade
arrangements the EU has with about 50 other
countries, before it then has to renegotiate them
itself.
Are there enough lawyers to do it?
He says many would need to be brought up to
speed. It's a lot of agreements for parliament to
approve, with a lot of countries.
They also need to go through four decades of
EU legislation to decide what to keep.
"I think it's going to take a long time," he
says. But:
13:32
The EU needs the UK and the UK
needs the EU. The UK has about
50% of its trade with the EU, the
EU buys lots from the UK. It's in
everyone's interests for a future
trading relationship to be based on
a firm footing and be mutually
beneficial." |
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