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The government's negotiating objectives for exiting the EU: PM speech
Prime Minister Theresa May set out the Plan for Britain, including the 12 priorities that the UK government will use to negotiate Brexit. View Article |
Exiting the European Union Committee: Government urged to give Parliament vote on Brexit deal
The Exiting the European Union Committee's first report calls for transitional arrangements on trade, no return to tariffs for UK businesses and parliamentary vote on final deal. View Article |
TheCityUK responds to PM speech
Miles Celic, Chief Executive of TheCityUK, welcomed UK Prime Minister Theresa May's speech. View Article |
TheCityUK: Brexit and UK-Based financial and related professional services
TheCityUK issued its key priorities for the UK-based financial and related professional services industry in the Brexit negotiations. The lobby dropped its demands for preserving 'passporting' rights and is now pushing for 'equivalence' deal as the simplest way to trade freely across EU countries. View Article |
Financial Services Negotiating Forum: Examining Regulatory Equivalence
A new report by the global law firm Norton Rose Fulbright, commissioned by the Financial Services Negotiation Forum. The paper examines approaches to the interpretation and measurement of equivalence. View Article |
Open Europe responds to Theresa May’s Lancaster House speech
Theresa May’s Lancaster House speech sought to answer the question: does the Government have a plan for Brexit? Open Europe’s judgement is that she succeeded. View Article |
LSE: Theresa May’s speech: The Prime Minister has set the wrong course on Brexit
Steve Peers reacts to the contents of the speech, arguing that although some of the speech was valuable, the decision to leave the single market has put politics ahead of the country’s economic interests. View Article |
Financial Times: Theresa May warns UK will walk away from ‘bad deal’
Theresa May has set out a new role for a “global Britain” outside the EU’s single market in a landmark speech outlining plans to take the edges off a hard Brexit but vowing to fight back if she failed to get a good deal. View Article |
Bloomberg: The risks of ‘Brexit means Brexit’
UK Prime Minister Theresa May set out her fullest account yet of her aims in the forthcoming Brexit negotiations. Greater clarity was overdue, and welcome - but with it comes a clearer understanding of the enormous hazards Britain faces as this process moves forward. View Article |
The Guardian view on Theresa May and Brexit: a reality check tinged with fantasy
The prime minister’s much anticipated speech on Brexit combined tough political realism with a wing and a prayer about reaching agreements on trade and single market access. View Article |
The Economist: Theresa May confirms: Britain is heading for Brexit Max
Britain will leave the single market and the customs union, and will thus be able to negotiate its own trade deals with third-party economies. View Article |
Bloomberg: HSBC CEO says bankers generating 20% of London revenue may move
HSBC Holdings Plc Chief Executive Officer Stuart Gulliver said trading operations that generate about 20 percent of revenue for the lender’s investment bank in London may move to Paris, quantifying some of the aftershocks for the UK after Brexit. View Article |
Die Welt: Philip Hammond issues threat to EU partners
British Prime Minister Theresa May will unveil her roadmap for Brexit soon. Her Chancellor of the Exchequer forges ahead – with a clear message to the Britain‘s EU partners. View Article |
The Guardian: EU negotiator wants 'special' deal over access to City post-Brexit
Michel Barnier wants a “special” relationship with the City of London after Britain has left the bloc, according to unpublished minutes seen by the Guardian that hint at unease about the costs of Brexit on continental Europe. View Article |
IW Köln: German firms relaxed in view of upcoming Brexit
More than nine out of ten German firms do not expect strong effects from Brexit on their business activities in the near future. This is the result of a recent business survey covering 2,900 German firms conducted by the Cologne Institute for Economic Research. View Article |
Bloomberg: IMF raises UK growth forecast for 2017, reversing previous cut
The International Monetary Fund raised its forecast for the U.K. economy this year, reversing a cut just over three months ago because of the pace of growth in the second half of 2016. View Article |
YouGov: Poll shows Leave voters not prepared to have their family finances affected by Government prioritising immigration over the economy
A new poll, commissioned by the Open Britain campaign, shows that more than half (54%) of Leave voters are not prepared to be a penny worse off in order for the UK to regain control of immigration. View Article |
Reuters: Trump says Brexit to be 'a great thing', wants quick trade deal with UK
US President-elect Donald Trump said that Brexit would turn out to be a great thing and other countries would follow Britain out of the European Union but promised to strike a swift bilateral trade deal with the United Kingdom. View Article |
Bloomberg: Seven Brexit strategies UK’s May could use to cut EU unity
The UK’s success at undermining the bloc’s united front will dictate whether May can extract concessions from the EU, such as retaining preferred trading relationships and favorable access for London’s financial firms. View Article |
ACCA: UK business confidence drops to second lowest level since 2011
The latest Global Economic Conditions Survey from ACCA and the IMA suggests that global business confidence in Q4 has dropped amid on-going political and economic uncertainty. View Article |
Antonio Tajani elected new President of the European Parliament
Antonio Tajani (EPP, IT) won Parliament’s presidential election with 351 votes in a final face-off with Gianni Pittella (S&D, IT), who secured 282 votes. View Article |