The MailOnline, May 17
A think-tank has warned that an extension to the Brexit bill could cost the UK an eye-watering £378billion, as the country increases planning for no-deal after trade talks with the EU stalled last week.
The figure comes from a report by the the Centre for Brexit Policy, who also conducted a poll that said almost half of Britons believe extending the transition period would leave the country locked into the EU for the foreseeable future.
The poll, conducted by Savanta ComRes, showed that 46 per cent of people thought an extension beyond December 31 with lead to ‘further extensions’, as reported by the Sunday Telegraph.
The UK left the EU at the end of January but is currently in a transition period until December 31. The transition period was designed to give the two sides time to hammer out the details of their future trading relationship.
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