Iain Dale predicts European economy PLUNGE will help secure ’bare bones’ Brexit trade deal

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The political commentator predicted that there will be a bare bones trade deal between the UK and the European Union before the end of 2020. Mr Dale told Express.co.uk that there is an incentive for both sides to secure a deal before the transition period expires at the end of 2020.

Mr Dale said: “I am more hopeful that we will get a trade deal by the end of the year than I was a few months ago.

“I think coronavirus has helped in a bizarre sort of way because every economy in Europe is going to be hit by coronavirus, particularly those in northern Europe and of course our own.

“So the last thing I think anybody wants is a deal not to be done.

“There is an incentive on both sides to come to a deal.

“Yes, we have had all the bluster from the EU’s side Michel Barnier seems to be playing the same record he did drawing the withdrawal agreement talks but in the end I think there will be some sort of deal.

“Whether it is a full trade deal I am not so sure I think it may be a sort of bare bones skeleton deal because there isn’t a lot of time left to come to an agreement.”

He added: “If it comes to the point where there isn’t a deal it is not going to be the biggest disaster in the world, but I don’t think it will come to that.”

Two days ago Matt Hancock confirmed that the UK would not join the European Union’s coronavirus vaccine programme.

The Health Secretary told TimesRadio’s Cathy Newman that the UK has got a very sophisticated domestic programme for developing the vaccine including two of the most developed candidates in the world.

Mr Hancock highlighted the Oxford vaccine as being widely recognised as the most advanced vaccine in the world. 

Ms Newman asked: “Is the EU opting out of that EU scheme on vaccine purchase and if so why?”

Mr Hancock said: “That is right we have chosen not to join the EU scheme on vaccine purchase.

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“The reason is it would not have allowed us to have a say in the vaccines that were procured, the price, the quantity or the delivery schedule.

“We have got a very sophisticated domestic programme, a UK programme for developing the vaccine for two of the most developed candidates in the world including the one that is widely recognised as the most advanced, the Oxford vaccine.

“We have also been putting in place contracts with other vaccine developers globally to make sure that if another vaccine from around the world comes off or can add to the programme then we will have access to that.

“Rather than disrupt that programme by joining the EU programme where we wouldn’t have any say in those matters we are carrying on with our own.”

Watch the full interview 

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