Superdry co-founder gives funds for second Brexit vote

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The co-founder of fashion brand Superdry is donating a million pounds to the campaign for a referendum on the final Brexit agreement as Britain prepares to outline in more detail how a no-deal outcome would work.

"I'm putting some of my money behind the People's Vote campaign because we have a genuine chance to turn this around," said Julian Dunkerton, a "remainer" who opposes Britain's planned departure from the EU.

Michel Barnier (right), chief negotiator for the EU, speaks as Dominic Raab, UK exiting the EU secretary, listens during a news conference in Brussels, July 26, 2018. /VCG Photo

Britons voted in a 2016 referendum to leave the EU but in July the proportion of voters who favor a referendum on the final terms of any Brexit deal overtook those who do not for the first time, according to opinion polls.

Britain's Brexit minister Dominic Raab will travel to Brussels on Tuesday in a bid to pick up the pace of talks with the EU's chief negotiator Michel Barnier, Prime Minister Theresa May's office said on Saturday.

Britain will publish on Thursday the first of a series of technical notices designed to help people and businesses prepare for a no-deal scenario and Raab will give a speech outlining how the government plans to mitigate against any potential risks.

Britain said it has been undertaking work on a no-deal scenario for almost two years with nearly 4 billion pounds allocated by the finance ministry.

Dominic Raab speaks during a joint press conference in Brussels, July 26, 2018. /VCG Photo

London and Brussels hope to agree a Brexit deal at a summit in October but May faces splits within her party and the tough task of securing parliamentary approval for the final agreement, as she tries to face down rebels.

Campaigners on both sides of the argument have been stepping up their efforts in recent weeks as some Brexiteers argue against any agreement which keeps Britain tied to EU mechanisms such as the customs union or single market.

On Saturday, the former leader of the United Kingdom Independence Party Nigel Farage said he would join a “battle bus” tour around the country by a pro-Brexit group which is opposed to May’s plans.

The government is planning to recognize some EU regulations if London and Brussels fail to strike a deal, taking a "flexible" approach to make sure medicines, car parts and chemicals are still available, The Sunday Telegraph reported.

Source(s): Reuters