European Union diplomats hint no-deal Brexit as Johnson's central scenario

Johnson's Spending Fuels U.K. Election Talk After Majority Cut

Parliament should honor the 2016 Brexit referendum and leave the European Union on October 31, British Prime Minister Boris Johnson said on Thursday when asked if he would resign if his government lost a vote of no-confidence.

New UK prime minister Boris Johnson has pledged a £1.8 billion cash injection for the NHS as he ramps up plans for the country to leave the European Union - with or without a deal - by October 31st.

Cummings is already planning a general election campaign which pits "people vs. politicians" and blames MPs for failing to deliver Brexit, the report added.

Chief UK Correspondent for Politico Charlie Cooper explained that a vote of no confidence against Boris Johnson could result in Queen Elizabeth II stepping in to resolve the Brexit issue if the Prime Minister refuses to step down.

Or will they deprive him of it to instead form a government of national unity to deliver a soft Brexit deal on a Customs Union and a confirmatory referendum with the possibility to vote Remain?

Analysis by the House of Commons library suggests there is time for a new government to be in place before October 31 - but it is tight.

Frost was said to have told the officials last week in Brussels that a "technological solution" to the Irish border was the UK's preferred option before admitting that "it would not be ready now for Brexit".

Johnson has said he is willing to funnel more money into public services, using the previous government's so-called "fiscal headroom", which had been earmarked to support the economy through a no-deal scenario.

Stocks get hammered as trade war heats up
Citing unnamed sources, Bloomberg reported earlier on Monday that China has asked state firms to halt USA agriculture imports. This might be a knee-jerk response as the Renminbi falls beneath its $0.14 floor for the first time in eleven years.

His warning echoes the reported advice by the Prime Minister's top aide, Dominic Cummings, that the rebels had left it too late to prevent no-deal.

In any case, a hard Halloween Brexit on October 31st seems increasingly unlikely.

Mr Hancock said: "The thing is, in the health service, one of the things I have learned as Health Secretary is that this is a risk-based business".

"The bottom line is that if PM Johnson fails to resign after a no-confidence vote when an alternative is clear, a "constitutional crisis" will ensue", JPMorgan said in a note.

The spokesman similarly declined to say whether a Johnson government had a general policy of abiding by votes of parliament, saying: "What I'm doing is not engaging in some hypothetical game you're trying to pull me into".

Leading figures within the British food industry have asked the government to revamp its competition laws, in anticipation of a no-deal Brexit.

"Parliament will not agree to anything like the deal on the table because it's no good".

Some have already stated that Mr Johnson could call a snap election before October 31. Losing a confidence vote would usually trigger a general election which is one reason why a general election to be held before Brexit is [1.86].

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