Posted on Sep 09, 2020
UK Ministers are planning to override parts of the Brexit deal with a bill that could be "inconsistent" with it, with the intention of letting ministers hand themselves the power to determine rules on state aid and goods travelling between Northern Ireland and Great Britain.
The controversial Internal Market Bill will enable the UK Government to provide financial assistance to Scotland, Wales, and Northern Ireland with new powers to spend taxpayers’ money previously administered by the EU.
The draft legislation says: "Certain provisions to have effect notwithstanding inconsistency or incompatibility with international or other domestic law."
The bill contains a list of precedents the new law would override, including "any other legislation, convention or rule of international or domestic law whatsoever, including any order, judgement or decision of the Europe Court or of any other court or tribunal."
No longer will unelected EU bodies be spending our money on our behalf. These new spending powers will mean that these decisions will now be made in the UK, focus on UK priorities and be accountable to the UK Parliament and people of the UK.
The response from Brussels has been a mixture of both bewilderment and fury.
President of the EU Council Charles Michel said: "Breaking international law is not acceptable and does not create the confidence we need to build our future relationship."
Former UK MEP and Labour leader in the European Parliament described "a government that thinks that the law is for others to follow, not itself."
- "Get real or we walk" UK warns Brussels as Brexit trade deal talks resume
- The gloves are off: UK threatens to tear-up EU withdrawal agreement
- EU demands veto on post-Brexit legislation - Michel Barnier to be sidelined
The extraordinary turn of events has adversely affected the value of Sterling, with credit rating agency Fitch revising its Brexit view: “With limited progress so far in negotiations on a free trade agreement (FTA) and time running out… we now assume that UK-EU trade will move to WTO terms in January,” Fitch’s chief economist, Brian Coulton, said during an online conference on Wednesday.
“It is very hard to model this but we have knocked around 2 per cent off our 2021 forecast for the UK because of this change in assumption,” he said, adding the ratings agency expected the UK’s economic recovery to stall in the first half of next year.
Follow EU Today on Social media: