Brexit chaos closing in

Sir, – Tomorrow’s Brexit Cabinet meeting will be the last stand for Theresa May.

She is caught on the one hand between those demanding a deal which will involve unrestricted access to European markets. The EU bureaucrats know this and will make freemovement a precondition of any final deal.

On the other side are the Hard Brexit headbangers lead by Jacob Rees Mogg, who anticipate the revival of a mythic past. A land where the capitalist oligarchy is free to exploit the population and pollute the environment to its heart’s content and where the basest prejudices are cynically encouraged.

A taste of what no deal means has been spelled out. The Home Office has announced that EU citizens currently living in Britain and intent on remaining will be required to register during the “transition” phase of Britain’s exit from the EU.

Failure to do so will mean, post-Brexit, these EU citizens, many of whom have lived in Britain for decades, face losing access to healthcare, schools, public funds and pensions.

The Hard Brexit faction are pinning their hopes on a trade deal with Trump. However, the escalation of his trade war is starting to have an affect.

Chinese stock markets have continued the fall over the first six months of the year that has wiped some $2 trillion off market valuations.

Trump is now also trying to reduce Iran’s oil output to zero. Even a 50% cut would have a devastating impact on the global economy, fuelling a surge in oil prices. Commodities analysts are projecting a 20-25% spike in the price of oil, which is already high. but it could be worse.

The reality of the chaos that Brexit is about to unleash is suddenly starting to dawn on May. Her response is to put her fingers in her ears and sing. Alan Hinnrichs. Gillespie Terrace, Dundee.