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Brexit

  • Brexit: Controversial Internal Market Bill to come before parliament TODAY

    December 7, 2020

    Boris Johnson’s controversial Internal Market Bill, that may breach international law, will come back to MPs today after the House of Lords rejected it. Clauses pertaining to Northern Ireland that will breach the Brexit Withdrawal Agreement, and therefore international law, if there is no post-Brexit UK-EU trade deal were taken out of the bill by [...]

  • The Week Ahead: Brexit, ECB rates, Rolls Royce, Ocado and Airbnb IPO

    December 7, 2020

    City A.M. takes a look ahead at the main events shaping the markets this coming week, analysing what is to come with City insider Michael Hewson, chief market analyst at CMC Markets UK. Monday: Ted Baker When Ted Baker announced in June it was looking to raise over £100m at a discounted price of 75p [...]

  • A new chapter of UK-EU collaboration — and the City stands ready to help

    December 7, 2020

    After long and tortuous negotiations, the UK and European Union are finally reaching the endgame of the transition period. Whatever the outcome, the current global crisis caused by the pandemic has shone a light on how, even post-Brexit, there will be many areas which will require collaboration on both sides of the Channel. The pandemic has [...]

  • Covid vaccine: UK’s medicines regulator ‘ready’ for no-deal Brexit

    December 6, 2020

    The UK’s medicines regulator is prepared for the prospect of a no-deal Brexit and is determined it will not affect Covid vaccine distribution, according to its chief. Dr June Raine, chief executive at the Medicines and Healthcare products Regulatory Agency (MHRA), said the regulator was “prepared forany possible outcome”. Fears that the UK will leave [...]

  • Eustice: UK has three days to close Brexit deal after talks have gone ‘backwards’

    December 6, 2020

    Brexit trade talks went “backwards” last week and there are only a few days left to decide if a deal can be struck, according to the UK’s environment secretary. George Eustice said today that the UK will definitively have to walk away from talks in three days if the UK and EU can’t “resolve these [...]

  • Brexit talks back on: Boris Johnson and Ursula von der Leyen agree to resume trade deal negotiations

    December 5, 2020

    Brexit talks back on: Boris Johnson and Ursula von der Leyen agree to resume trade deal negotiations

  • EU’s Barnier says still looking for a way to do UK trade deal

    December 5, 2020

    The European Union’s chief negotiator Michel Barnier said earlier today he would continue to look for a way to do a trade deal with Britain, but was non-committal on the chances of bridging the current impasse in the Brexit talks. “We keep calm, as always, and if there is still a way, we will see,” [...]

  • ALL 27 EU member states must still approve any UK trade deal, warns Council president

    December 4, 2020

    European Council President Charles Michel warned today that any agreement between UK and EU negotiators must still be approved by all 27 member states. Michel said the 27 leaders – meeting remotely on 10 and 11 December – will take a position on the latest developments, as a deal on future relations between the EU [...]

  • Switzerland to sign deal with UK allowing free travel for professional workers

    December 4, 2020

    Switzerland is set to sign off on a deal with the UK this afternoon allowing professional workers to travel freely between the two countries after Britain leaves the EU. The agreement will mean around 383,000 Brits who regularly make business trips to the country will not need work permits to keep doing so post-Brexit. Switzerland [...]

  • O Come, Emmanuel: Hopes of Brexit trade deal run thin as Macron toughens stance

    December 4, 2020

    The latest Brexit talks between the UK and EU “did not go well”, according to reports, as British officials accused French President Emmanuel Macron of making fresh demands at the eleventh hour. Macron is understood to have remained unwavering in his demand that France preserves a substantial portion of existing fishing rights in British waters [...]

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