Politics

Brexit boost: Jeremy Hunt pledges £6bn towards no deal EU exit – ‘Britain deserves better’


The Tory leadership candidate will set out a 10-point plan including a Cobra-style committee to “turbocharge” Whitehall the preparations. His plan intends to keep Britain open for business in the event of World Trade Organisation (WTO) tariffs coming into effect. Mr Hunt is expected to tell supporters food producers should be treated like the financial services industry during the 2008 financial crash.

Mr Hunt is expected to say: “You cannot leave the European Union on a wing and a prayer.

“Britain deserves better.”

The Foreign Secretary will set up a temporary No Deal Relief Programme, including the war chest for farmers and fishermen exporting to Europe, to ease the transition out of the European Union and honour international obligations.

He will say: “If you’re a sheep farmer in Shropshire or a fisherman in Peterhead I have a simple message for you – I know you face uncertainty if we have to leave the EU without a deal.

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“I will mitigate the impact of no deal Brexit on you and step in to help smooth those short-term difficulties.

“If we could do it for the bankers in the financial crisis, we can do it for our fishermen, farmers and small businesses now.”

Mr Hunt will tell MPs he plans to immediately ramp up no deal preparations and identify actions the Government could take to mitigate the impact of no deal in the short term.

Plans to keep goods flowing in and out of the UK, including emergency powers so ports and airports can coordinate nationally, will be led by a new National Logistics Committee led by the Department for Transport.

Mr Hunt is expected to say: “Britain deserves a leader who works tirelessly to get a deal but who is prepared to put the hard yards in preparing for no deal.”

He stressed he would prefer the UK to leave the EU with a “new deal” that removes the Irish backstop and ensures a fully independent trade policy, which he said is possible “if the Commission engages in good faith”.

Mr Hunt will add: “Britain deserves a leader with the courage to not just tell the European Commission he will walk away, but to show them he is willing and able to do so.

“Because in the end, without those abilities, without that determination, and without that plan, it is just a wing and a prayer.”



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