(Bloomberg) -- Follow @Brexit on Twitter, join our Facebook group and sign up to our Brexit Bulletin.
Theresa May will begin selling her Brexit agreement to skeptical politicians and the British public on Monday with a warning that “there is not a better deal available.”
https://t.co/VLzVcCiXfM pic.twitter.com/6zZMGuchNQ
The U.K. prime minister will appeal to members of Parliament to vote for the contract she finalized over the weekend with the European Union and avoid the turmoil of splitting from the bloc without a plan. She's also embarking on a national campaign to sell her deal directly to voters.
https://t.co/NtEf2aMdVo pic.twitter.com/Fq2z6rv9Yc
May has staked her authority on persuading the House of Commons -- against the odds -- to endorse her Brexit deal in a vote expected to be held in December. She refused to rule out quitting as prime minister if she fails.
In a statement to Parliament on Monday, May will warn that rejection would send Britain “back to square one” with just four months to go until the country leaves the EU.
“It would open the door to more division and more uncertainty, with all the risks that will entail,” the premier will say, according to extracts of her speech released in advance by her office. “The British people want us to get on with a deal that honors the referendum and allows us to come together again as a country whichever way we voted. This is that deal.”
‘Challenging'
May's new Brexit Secretary, Stephen Barclay, who acknowledged it will be tough to get the deal through a vote in Parliament.
"I don't pretend for a minute that it's not a challenging task given where the numbers currently look,” Barclay told Sky News on Monday. "We need to be clear to parliamentary colleagues as to what the alternative will be: which will be massive uncertainty from either no deal or no Brexit. That's not in the interests of their constituents, it's not in the interest of protecting jobs."
After agreeing to the divorce terms at a special summit in Brussels, European leaders warned British politicians they won't get a better offer because there is no “Plan B.”
Speaking at the end of the summit, May backed that view and announced she'll personally lead a national campaign lasting “a few weeks” to win support for her agreement among politicians and voters. Then, Parliament will hold a decisive vote on whether to accept or reject the accord before Christmas.
May's team hasn't yet decided the date for the vote, but they are aiming for mid-December, with reports suggesting it could be held around Dec. 10-12.
May promised to campaign “with all my heart” to persuade Parliament and the public to back her deal. Asked if she would resign if Parliament refused to back her plan, May twice declined to give a direct answer on Sunday. She insisted her focus was on winning the vote, and that her own future is not the question that matters.
May knows she's facing huge opposition from critics within her own Conservative Party. Even government ministers admit they have work to do to avoid defeat.
May's Brexit Deal: You Don't Have the Votes -- What Comes Next?
If she does lose, the U.K. will be on course to exit the EU in March with no agreement and no transition period to cushion the blow. Some politicians want to send her back to Brussels to renegotiate if her first attempt is voted down. But EU leaders had a coordinated message on Sunday: This is the only deal on offer.
“If there was anything better I can tell you Theresa May would have gotten that,” Dutch Prime Minister Mark Rutte told reporters. “She has fought very hard, she was very stubborn, and she always is, in a positive sense, very tenacious."
European Commission President Jean-Claude Juncker said anyone hoping for fresh negotiations would be disappointed within “seconds” if Parliament rejects the deal, while Austrian Chancellor Sebastian Kurz added: “This is a take-it-or-leave-it situation."
Euroskeptics in May's Conservative Party hate the withdrawal agreement and are vowing to oppose it because it forces the U.K. to keep close to the EU's trade rules. Many pro-EU politicians in Britain also regard it as unacceptable because the U.K. will have no say over the rules it must observe.
EU leaders including Chancellor Angela Merkel expressed sadness about about the divorce, mourning the loss of a member state as the club of 28 nations shrinks to 27. May was asked if she shared those sentiments. “No,” the prime minister replied. She added that she understood that some leaders were sad, and some people at home in Britain were, too.
--With assistance from Nikos Chrysoloras, Anna Hirtenstein, Gregory Viscusi, Ian Wishart and Alex Morales.
To contact the reporters on this story: Tim Ross in Brussels at tross54@bloomberg.net;Lyubov Pronina in Brussels at lpronina@bloomberg.net;Arne Delfs in Berlin at adelfs@bloomberg.net
To contact the editors responsible for this story: James Ludden at jludden@bloomberg.net, ;Flavia Krause-Jackson at fjackson@bloomberg.net, Emma Ross-Thomas
©2018 Bloomberg L.P.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
