The Prime Minister has admitted that the government is considering extending the Brexit Transition period beyond the agreed 21 months.
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The big Brexit news today is that the UK prime Minister, Theresa May, is now saying that the UK could sign up to an extended Brexit transition period.
The transition, or implementation phase, is at present agreed to last for 21 months from Brexit Day on the 29th March next year to the end of December 2020.
But in order to prevent a so-called hard border in Ireland, the PM has admitted that negotiations now include the possibility of extending the transition phase for what she says is 'a matter of months'.
"A further idea that has emerged" the PM told reporters, "and it is an idea at this stage, is to create an option to extend the implementation period for a matter of months. And it would only be for a matter of months.
"But the point is that this is not expected to be used, because we are working to ensure that we have that future relationship in place by the end of December 2020."
Apart from angering Brexiteers, this extra transition time would tie the UK to the bloc at the start of a new budget period, which would open a whole new can of worms regarding fees and rebates and the like.
And the Express is now reporting that this could mean the UK has to deposit another £15 billion into the Brussels coffers, with no say (if what we have now could be considered a 'say' in any meaningful sense of the word, that is).
Some commentators are saying this is brought about by a feeling in the air in Brussels that the EU is on the verge of dropping the whole Brexit negotiations ball and going for a no deal Brexit themselves and that M..
