Parliament is likely to be virtually powerless as Brexit remakes Britain The government's publication of a Brexit White Paper establishing a high level, if vague, overview of its vision for a post-Brexit Britain provides welcome clarity on its key negotiating objectives. In practice, however, the extent to which the government will be able to deliver upon these goals will rely not only on the outcome of [...]
Lost UK influence over EU financial services regulation could come back to bite the City Theresa May’s suggestion at the European Council meeting in Brussels last week that the UK would continue to play a role in EU institutions and their respective decision-making processes post-Brexit was met with thinly disguised incredulity by European leaders. Manfred Weber, leader of the European People’s Party in the European Parliament, commented after the meeting: [...]
Even domestic banks will suffer if Britain pursues a hard Brexit During his farewell speech to the Ukip party conference, Nigel Farage identified his three key objectives for the government’s impending Brexit negotiation. In addition to his demand that the UK reclaim control of its fishing waters, Farage called for the country to leave the Single Market and for the reintroduction of blue British passports. While [...]