British companies excluded from EU Galileo space project if no-deal Brexit

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Its chief executive, Julian David, said: "The notice dealing with the space sector confirms what we have known for some time - the United Kingdom will lose the ability to participate in European Space programmes. techUK strongly welcomes the £92 million to design a United Kingdom version of the Galileo Navigation Satellite System, but the effects on companies with existing contracts for Galileo remains uncertain". The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy.

In the second of a series of advice notices to businesses and consumers on what may happen if Britain fails to reach an exit deal with the European Union, the government said British driving licences may no longer be valid in the EU.

The UK and European Union are said to plan a special summit to sign the Brexit deal in November, following an informal gathering of leaders in Salzburg, Austria, next Wednesday, and an official summit starting on October 18.

Sterling bounced back from early lows in volatile trading Wednesday after Brexit-supporting lawmakers in British Prime Minister Theresa May's party publicly pledged support for her to stay in power.

The UK will also no longer be part of the Copernicus program, a EU-based earth observation initiative that's a critical asset to national security as it contributes to maritime surveillance, border control and understanding climate change. The chief executive of automaker Jaguar Land Rover on Tuesday called a no-deal Brexit a "horrifying" scenario that could cost tens of thousands of jobs.

Mr Raab caused ructions on Thursday after suggesting that Britain might withhold some of the £39 billion "divorce bill" agreed in December in the absence of a withdrawal agreement.

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Mr Raab told BBC Radio 4's Today programme: "We've had some good news from businesses like Vodafone and Three".

The news was one of the more eye-catching items in a government assessment of the disruption to Britain's economy and daily life that would be caused by a "no deal" Brexit.

"With the level of uncertainty facing consumers and the economy, in part due to ongoing Brexit negotiations, forecasting is particularly hard", John Lewis said.

He said they were also working to find "common ground" on the relations after Britain has left.

However, if Britain crashes out without a deal then that could all come to an end.

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