Brexit vote could 'in theory' be reversed — European Union minister

Anti-Brexit demonstrators protest with flags outside the Houses of Common

A good Brexit deal is within sight, according to the UK's Brexit Secretary.

Former U.K. Independence Party leader Nigel Farage announced Saturday that he would join a cross-country bus tour by the group Leave Means Leave to oppose Prime Minister Theresa May's plan for future ties with the European Union, which he branded a "cowardly sell-out".

"It would be devastating for working people", she said, adding, "The government can not allow us to crash out".

After more than 40 years in the EU, Britain is having to set out its plans for every aspect of life.

Companies trading with Europe would face new paperwork to cover customs and safety declarations.

"Britain is militarily, politically and economically tremendously significant on our continent", he said, adding that securing a good relationship was important to prevent further Brexit fallout for both Britain and the EU.

Chris Goodfellow, who runs logistics group Lockerfreight, said his clients were asking if they needed more staff to handle customs.

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Meanwhile, the World Trade Organization head has told the BBC a no-deal "would not be the end of the world.but it's not going to be a walk in the park". "My phone has not stopped".

Supporters of Brexit say there may be some short-term pain for the economy but that long-term it will prosper when cut free from the EU.

"We are working constructively to reach a deal. And that's why everybody, in particular economic operators, needs to be prepared".

"With the pharmaceutical suppliers we have got three months of buffer stock already for over 200 medicines", he said.

The drugs sector is one of the most vulnerable because of uncertainty as to how medicines oversight will function.

The notices revealed Brits overseas may no longer be able to access "existing lending and deposit services, insurance contracts (such as a life insurance contracts and annuities)" as United Kingdom banks may no longer have the right to operate in that way in the EU.

Britain's minister in charge of negotiating Brexit, Dominic Raab, said he remained confident the two sides would reach a deal, but said that he was releasing the documents to help people and businesses prepare for any disruption caused in case of a no deal.

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Putin travelled to Germany later on Saturday to meet Chancellor Angela Merkel for talks about Syria, Ukraine, and energy matters. The United States is against the pipeline and claims it will increase Germany's dependence on Russian Federation for energy.

That was followed by a backlash from political opponents who said it depicted a government in chaos.

The furore underlines the fragility of Mrs May's position, heading into the final phase of negotiations without unity in her party, a clear consensus in parliament on what type of exit Britain should seek and persistent disagreements with Brussels.

Holidaymakers are being warned of possible large increases in the cost of making card payments in Europe if there's no agreement.

Brexit Secretary Dominic Raab said Britain was determined to "manage the risks and embrace the opportunities" of Brexit.

He says work will focus on how to keep goods, services and people flowing over the border between Northern Ireland in the U.K. and European Union member Ireland, and a political declaration on future EU-U.K. ties.

In a letter to the chair of the Commons Treasury Select Committee, the Chancellor highlighted government analysis that suggests the UK's GDP would be 7.7 per cent lower and borrowing £80 billion higher after 15 years without a Brexit deal, undermining Mr Raab's attempts to reassure business and the public.

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