Former Permanent International Trade Secretary: May's Brexit Plan "Better Than No Deal".

8 July 2018, 08:19 | Updated: 8 July 2018, 08:21

The former permanent secretary for international trade believes that Theresa May's Chequers plan for Brexit is "better than no deal".

Sir Martin Donnelly said that the UK doesn't have the same clout as the EU when it comes to trade with the United States.

The former permanent secretary told Tom Swarbrick that he didn't think "professionals see any deal between Britain and the US any time soon".

He said: "The only really functioning single market for services in the world is the European one, and that's the one that we need to stay as close to as we can."

Theresa May speaking to Cabinet Members at Chequers
Theresa May speaking to Cabinet Members at Chequers. Picture: PA

Sir Donnelly also said that Theresa May's plan for post-Brexit trade was "better than no deal" which he believes would be a "catastrophe" for investments, jobs, and economy growth.

"This gives us a basis for sorting out the Irish border, which is the first step so we can get through the transition through to 2020 and get ourselves a bit more time to do the detailed negotiation," he said.

"Otherwise if we fall out next March, it's very bad news for everyone."

More Tom Swarbrick

See more More Tom Swarbrick

Lord Harrington said there should be a cap on the number of asylum seekers the UK takes.

Former refugees minister Lord Harrington calls for a cap on the number of asylum seekers the UK takes

Mel Stride has backed the PM

Rishi Sunak has 'absolutely not' betrayed nation over Rwanda plan, insists minister after Braverman's attack on PM

Tom and caller

'Our family is there': Mother shares heartbreaking experience of being a British Jew during Israel-Hamas conflict

The ban will be brought into effect in months

'Children should be in the classroom to learn': Gillian Keegan orders 'blanket ban' of mobile phones in schools

Exclusive
Tributes have been paid to Elianne after she was stabbed to death in Croydon

Fellow pupil of schoolgirl stabbed to death in Croydon describes heartbreaking moment students were told of her killing

Scotland's first safe drug consumption space set to be openned

'Isn't this just decriminalising heroin?': Tom Swarbrick questions Labour MSP over first safe drug consumption room

The education secretary discusses educational reforms with Tom Swarbrick

Shadow education secretary says 'Building Schools for the Future Programme' would have prevented Raac crisis

Tom Swabrick

'Is it not completely mental?': Tom Swarbrick astonished as schools shut due to crumble-risk concrete before new term

Exam results

Equation sheets given to GCSE cohort in attempt lessen reduced grade inflation blow, schools minister says

Crime commentator on Adam Provan

Internal review of rapist ex-Met officer is the equivalent of 'marking your own homework', says crime commentator

Education Secretary discuss new Eton free schools on LBC

‘Bailed out by Eton’: Education Secretary discusses new free schools with Tom Swarbrick

Lucy Letby: We have to know what went so 'catastrophically wrong' says Tom Swarbrick

Lucy Letby: We have to know what went so 'catastrophically wrong' says Tom Swarbrick

Exclusive
Lord Edward Garnier has called for a public inquiry into Andrew Malkinson's case

Top lawyer blasts Andrew Malkinson rape case as the 'worst miscarriage of justice of the 21st century'

Suella Barge

Suella Braverman can't be blamed for housing migrants on barge with Legionella, ConservativeHome editor says

Tom Swarbrick on mortgages

It would be 'manifestly unfair' to use taxpayers' money to subsidise mortgages, Tom Swarbrick says

Tom Swarbrick

'It's a case of Ulez you lose', Tom Swarbrick tells Tory chairman as Conservatives retain Uxbridge seat