Brexit bombshell: Leaked document reveals how Theresa May grimly saw no deal exit from EU
The official document outlines what a no deal Brexit could look like from the first day to the first month. The slide, marked “official sensitive” was drawn up in the final weeks of Mrs May’s time in office. Obtained by Sky News, the document appears to be the first time the Government have looked at the worst case scenarios.
On the first day, it is believed “trade and passenger flow from UK to EU will slow” while “UK vessels could no longer have access to EU waters and vice versa”.
Also, “UK nationals in EU may lose access to services and residence rights”.
Continuing on to the first fortnight, Theresa May’s Government predicted a “potential consumer panic”.
It stated: “Potential food shortage even in areas which are not directly affected at the border.
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“Possible friction at sea between UK/EU fishing vessels.”
While there’s also a possibility of an increased risk in “serious organised crime including people smuggling and illegal migration.”
Going into the first month, it is believed small businesses in Northern Ireland “face distress and potential law and order challenges”.
The document added that UK nationals could return from the EU if they don’t meet “new EU MS residency requirements”.
The worst case scenario also suggested sterling would drop by 25 percent.
The document has emerged after Chancellor Sajid Javid earmarked £2billion of funding towards a no deal plan.
But following the deadlock between Downing Street and Brussels, Boris Johnson’s new Chancellor doubled the amount of cash available for ensuring the UK can withstand a full break with the EU on October 31 to £4.2billion.
His cash injection will include £1.1billion for immediate spending on extra border guards, stockpiling vital medicines and a massive publicity blitz aimed at households and businesses.
He will also set aside a further £1billion reserve fund to cover emergency contingencies as the Brexit deadline approaches.