The City must stop complaining and start talking about the opportunities of Brexit February 28, 2020 Too much of the discussion around Brexit’s impact on the City has treated it as something of an inconvenience that must be “managed”. This is perhaps understandable — business rarely likes change, certainly not on this scale. But it’s time that we start talking about the opportunities Brexit will present to the City. The conversation [...]
Pound falls as UK threatens to walk away from Brexit trade talks February 27, 2020 The pound is down against the euro after Downing Street threatened to walk away from Brexit trade talks in June if it appears an agreement is unlikely. The pound fell 0.79 per cent against the euro to €1.175 and down to $1.288 against the dollar, as Britain reiterated its no-deal Brexit threat. Boris Johnson published [...]
Brexit trade talks: Six key takeaways from the UK’s negotiating mandate February 27, 2020 The UK government published its negotiating mandate for Brexit trade talks today, setting out what Boris Johnson’s chief sherpa David Frost will be seeking when talks kick off next week. But what are the key takeaways from that document? Here’s six of the most important points. 1. No UK-EU alignment This should be no surprise [...]
UK threatens to walk away from EU trade talks if no progress by June February 27, 2020 Downing Street will demand autonomy over “our own laws and political life” in a future trade deal with the EU – and will walk away from talks as early as June if it appears that an agreement is not likely, according to the UK’s negotiating mandate. The 30-page mandate, published minutes ago, clearly sets out [...]
Brexit: EU calls Downing Street’s bluff on standards February 26, 2020 Brussels accepts Downing Street’s pledge not to cut red tape in a bid to become “some sort of Singapore-on-Thames” – but there must still be common “ground rules” in order to strike a trade deal, Michel Barnier has said. In a shift away from increasingly hostile briefings ahead of talks next week, the EU’s chief [...]
Stage set for new Brexit collision as UK and EU clash over level-playing field February 25, 2020 The stage is set for a head-on collision during the first round of trade talks between the UK and EU next week, with both sides standing firm over the level-playing field. Brussels published its negotiating mandate this afternoon, having been signed off by the EU27 member states, reaffirming its position that the UK must agree [...]
EU keeps demands on level-playing field as it publishes mandate ahead of trade talks February 25, 2020 The EU has stressed there must be no reduction in “common” standards on food, environment and labour laws as it publishes its negotiating mandate for the second stage of Brexit. The mandate, published after being signed off by the EU 27, says a deal will be dependent on both sides agreeing to maintain the level [...]
Brexit: UK to prioritise sovereignty over business continuity in EU trade talks February 24, 2020 Britain will prioritise “sovereignty and independence” over business continuity when it comes to trade talks with the EU, Number 10 has said. Prime Minister Boris Johnson and his ‘XS’ committee – made up of frontbenchers such as Cabinet Office minister Michael Gove and foreign secretary Dominic Raab – is expected to sign off the negotiating [...]
Minister James Brokenshire says he would eat chlorinated chicken in UK February 24, 2020 A Home Office minister has refused to rule out eating chlorinated chicken if it were sold in the UK after Brexit’s transition period ends. Security minister James Brokenshire did not reject the idea that he would eat chlorine-washed chicken, if authorities in the UK gave it the green light, telling LBC he was “not a [...]
French minister warns against London ‘blackmail’ as second stage of Brexit talks near February 24, 2020 France will not be “blackmailed” into a rushed trade deal between the UK and EU, an Elysee minister has warned, as Brussels prepares to publish its negotiating mandate for the next stage of Brexit talks. Amélie de Montchalin, France’s secretary of state for European affairs, told France24 this morning she would be bringing a “clear [...]