Boris Johnson to face EU leaders for Brexit talks as uncertainty roils UK markets

  • U.K. Prime Minister Boris Johnson will meet his German and French counterparts this week.
  • Johnson has repeatedly rubbished the existing Brexit deal on offer.
  • U.K. government has scrambled to defend its Brexit plans following a leak of an internal report detailing potential disruption in the wake of a “no-deal” scenario.

The direction Brexit will take could become clearer this week as U.K. Prime Minister Boris Johnson prepares to meet his German and French counterparts.

Johnson’s journey to Berlin Wednesday and Paris Thursday will be his first official trip abroad since being installed in 10 Downing Street in July. Johnson has repeatedly rubbished the existing Brexit deal on offer and has said the U.K. will leave the EU on October 31 “come what may.”

But there is a desire in the British government to strike a new deal, making the meeting with German Chancellor Angela Merkel and French President Emmanuel Macron a potentially crucial one if talks are to resume.

The U.K. government has scrambled to defend its Brexit plans in the last 24 hours following a leak of an internal report, entitled “Operation Yellowhammer.” It warned of widespread disruption at ports, a hard border with the Republic of Ireland and potential shortages of food, drugs and fuel that could happen in the event of a “no-deal” Brexit.

The report also claimed that Gibraltar, a British territory on Spain’s southern coast, was “underprepared” for a no-deal scenario in which the U.K. leaves the EU abruptly on October 31 with no transition period in place.

‘Scaremongering’
Government minister Kwasi Kwarteng dismissed the leaked report, which had been compiled under the previous government, as “scaremongering.” Another, Michael Gove, the minister in charge of no-deal Brexit planning, said the leaked report outlined “absolutely the worst-case” scenario…

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