|
|
The United Kingdom’s exit from and new partnership with the European Union White Paper
This White Paper, published by the UK Government's Department for Exiting the EU, provides Parliament and the country with a clear vision of what May administration is seeking to achieve in negotiating Britain's exit from, and new partnership with, the European Union. View Article |
Reuters: EU court might make changes to any Brexit deal, chief justice says
Britain's withdrawal from the European Union seems likely to end up under review by the EU's top court, which might insist on changes to any Brexit treaty, its chief justice told Reuters. View Article |
Financial Times: EU leaders urged ‘not to punish Brits’ over Brexit
Commission vice-president Timmermans says restraint in talks will help member states’ economies. Germany's finance minister Schauble has also warned against seeking to “punish” the British for the decision to leave the EU and losing out on London's financial centre. View Article |
Financial Times: Banks study loopholes to enable UK branches to sell to EU clients
Banks are looking for loopholes that could allow their UK operations to keep selling corporate and investment banking products to EU clients even after a hard Brexit. View Article |
CEPS: A well-managed Brexit is a priority for the entire EU
Theresa May’s speech on January 17th, but also the mood in Brussels, portends an abrupt departure, rather than a constructive deal. This will not only be harmful for Britain, but also for the rest of the EU. View Article |
Financial Times: Plan to boost EU securitisation market stalls over Brexit
A Brussels project to “turbo-charge” Europe’s securitisation market risks becoming a casualty of the UK’s Brexit vote amid political clashes over how far financial centres from outside the bloc should be allowed to take part. View Article |
Bruegel: Making the best of the European single market
Completing the single market would unlock the EU's growth potential. At the same time, the EU should empower member states to fight inequality by helping them better distribute the gains arising from economic integration. View Article |
BBA: What do you get if you cross a customs union with a free trade area?
Chief Economist Rebecca Harding argues that this is the core question, the answer to which will determine the structure of the UK’s trade relations in goods and services with the rest of the world in the future. View Article |
The Economist: Norway’s deal with the EU still holds lessons for Britain
“Outside and Inside”, a comprehensive review of Norway’s relations with the EU, implies that, once Britain begins negotiations with the EU on a post-Brexit settlement, it will have to reckon with uncomfortable trade-offs between sovereignty and prosperity. View Article |
CER: The €60 billion Brexit bill: How to disentangle Britain from the EU budget
The European Commission calculates that the UK has €60 billion of charges to settle. Britain is confident it will face down what it considers to be spurious demands. Ultimately, this political collision could bring the Brexit talks to a sudden and premature end. View Article |
Bloomberg: Frankfurt lobby group sees 10,000 U.K. bankers moving on Brexit
Frankfurt expects as many 10,000 workers from Britain’s financial services industry to relocate to Germany’s banking capital because of Brexit, with the exodus likely to start within weeks, according to lobby group Frankfurt Main Finance. View Article |
Commercial Risk Europe: Lloyd's sees Brexit as opportunity in France
Lloyd’s believes that Brexit will create opportunities to expand its business in France, according to Guy-Antoine de la Rochefoucauld, the market's representative in the country. View Article |
Bruegel: Making the best of Brexit for the EU27 financial system
The EU27 needs to upgrade its financial surveillance architecture to minimise the financial market fragmentation resulting from Brexit and the corresponding increase in borrowing costs for firms. Up to 30,000 UK jobs and 17% of bank assets would move to the EU as a direct consequence of Brexit. View Article |
Minneapolis Fed Research: The Impact of Brexit on Foreign Investment and Production
Authors found a significant fall in foreign investment and production by UK firms, and a small but positive welfare gain for UK citizens. View Article |
ACCA: Bank of England forecasts - good news but economic problems remain
ACCA responds to the announcement that the Bank of England has improved their growth forecast for the next three years. View Article |
Financial Times: Central bankers face off over impact of a disorderly Brexit
Europe’s leading central bankers are at loggerheads over one of the biggest economic judgments facing the continent: does a disorderly Brexit pose a financial stability risk? View Article |
UCL European Institute: The Process of Brexit: What Comes Next?
The publication, the latest in a series of European Institute working papers aimed at critically analysing significant features of the political and legal landscape after the EU referendum, examines how the Brexit process will unfold after the triggering of Article 50. View Article |
Financial Times: Trump prepares to take axe to Wall St regulation
Donald Trump has fired the starting gun on his efforts to take the post-crisis shackles off Wall Street by ordering the review of Dodd-Frank financial reform law, a move that triggered warnings from the left, as well as the EU’s financial regulation chief, of a new crash in the making. View Article |
Sky News: Draghi backs bank rules as Trump seeks deregulation
The president of the European Central Bank said a relaxation of banking rules is the "last thing we need" as Donald Trump takes aim at post-crisis regulation in the US. View Article |
Bruegel: Border adjustment tax could help Europe find common voice on Trump
Mark Hallerberg argues that, if the US introduces a "destination tax", essentially penalising imports, the EU should seriously consider doing the same. Not only would it balance out some of the trade effects of the US move, it might also have positive political implications for Europe. View Article |
BBC: Local voting figures shed new light on EU referendum
The BBC has obtained a more localised breakdown of votes from nearly half of the local authorities which counted EU referendum ballots last June. View Article |