The European Commission has proposed “bare bones” arrangements on aviation and road haulage if there is a no-deal Brexit.

The legislation would allow British truckers to carry goods into the EU and British airlines to fly in and out of the EU, from 29 March to 31 December.


British MPs launched an inquiry on Friday to determine if the country should track European Union rules or cut loose to best serve its financial sector after Brexit.

Chancellor Philip Hammond has told business leaders they need to accept the result of Britain’s EU referendum and warned that a failure to implement it would damage the country’s political stability.

Airbus has called the UK government’s handling of Brexit a “disgrace” and warned the aerospace firm could pull out of the UK if the country crashes out of the EU without a deal.