THE EU has imposed some of the highest electricity and gas bills in the world on the UK over the years, bringing about huge damage to Britain’s steel industry, Conservative MEP Daniel Hannan claimed in his latest book.
Last night, Theresa May suffered a humiliating defeat in the House of Commons by MPs who oppose leaving the EU without a deal. The Finance Bill amendment – which passed by 303 votes to 296 – means that the Government needs explicit parliamentary approval to leave the EU without a deal before it can use certain powers relating to taxation law. The crushing defeat was interpreted by many as “a signal” there is “no majority for a no-deal outcome to Brexit.

Since the 2016 referendum, warnings that a no-deal scenario could have “catastrophic” consequences have been issued on a daily basis.
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Last month, The UK Energy Research Centre (UKERC) said a no-deal Brexit could increase electricity generation costs by £270million a year.

According to the UKERC, trade barriers threaten to increase the cost of importing gas and electricity across the Channel.
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