Ten Things You Need to Know Today: Saturday 28 Jul 2018

1. Ministers put together secret Brexit 'parachute plan'

A Brexit "parachute" plan has been drawn up by Cabinet ministers, reports the Daily Telegraph. The "fallback" option, which comes amid fears that Theresa May's Chequers plan will be rejected by Brussels, is based on existing "best-in-class" trade deals between the European Union and other nations such as Canada, Japan, South Korea and New Zealand. The proposal is particularly similar to the EU's trade treaty with Canada.

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