Hard Brexit: PM May Says the U.K. Leaving the EU on March 29

A costly British exit from the European Union without a negotiated deal is increasingly likely, France's European affairs minister said on Monday

U.K. Prime Minister Theresa May speaks during a news conference at number 10 Downing Street following air strikes in Syria, in London April 14, 2018.
Bloomberg

British Prime Minister Theresa May said on Monday that none of the alternative Brexit plans which have been floated would command the support of a majority of lawmakers in parliament - but added the the U.K. will leave the EU on March 29.

May earlier said she was delaying a planned Tuesday vote on her Brexit deal as she expected it to be rejected, and would seek further reassurances on the so-called Irish backstop from other EU leaders. 

 A costly British exit from the European Union without a negotiated deal is increasingly likely, France's European affairs minister said on Monday, after May postponed a vote on a deal in the face of defeat.

"We must not lose sight of the fact that despite the latest developments, a rejection of the withdrawal agreement is more and more likely," Nathalie Loiseau told lawmakers.

"The risk of a no-deal exit would also be an exit that would be undoubtedly extremely costly for the United Kingdom but which would be damaging for the EU too."

"Some are drawing up other scenarios and the confusion in London remains particularly strong," she added.