cost of Brexit

PM will again field questions from MPs on her deal this afternoon. Here are some forensic lines of questioning which expose its failings.

Since PM laid out hard-Brexit red lines at start of 2017 we’ve had one u-turn after another. Here’s our recap of the most significant.

Lots of facts have emerged since the referendum showing Brexit isn’t all it was cracked up to be. We need a People’s Vote on the deal.

It’s good government admits two-year stopgap may not be long enough. But we’ll be a rule-taker and pay perhaps £12bn for each extra year.

Bank of England governor denied saying at Davos that Brexit vote was costing UK £200m a week in lost economic growth. It’s more like £750m.

MPs grilled Brexit secretary over unrealistic timetables and Brexiters accused him of making UK a “vassal state”.

May says a two-year transition is enough. It isn’t. She may hope it’ll then be easy to get an extension. It won’t. It’s time she fessed up.

A combination of Tory Brexiters and opposition parties could defeat the “money resolution” she’ll have to put before the Commons next year.

Chancellor’s comments on Brexit “end state” and payments without trade deal speak volumes on cabinet dissent and PM’s absent leadership.

With one flip-flop after another, PM’s deal with EU leaders is far cry from bullish Lancaster House vision. Here’s our definitive run-down.

We’ll end up paying even more money, follow EU rules for many years without a say and still lose access to juicy bits of its market.

If PM thinks doubling exit payment offer will settle matter, she’s wrong. Complex details will occupy negotiators throughout talks and beyond.