23 January 2020

Brexit Weekly

UK chancellor Sajid Javid warns business that Britain will diverge from EU rules, EU Commission draws plans to fine the UK if it breaks post-Brexit EU trade rules, Boris Johnson orders Trump trade talks the day after Brexit, Boris Johnson will restrict EU immigration two years earlier than planned.

If you are interested in European finance, we are targeting the interaction of the driving forces of politics and economics as they force the required changes in over-arching financial regulation - including ESG and Fin Tech. Details of these services are here Articles from 16 January 2020 - 23 January 2020   Sajid Javid - FT Financial Times: Forget staying close to EU after Brexit, chancellor tells business : Sajid Javid, the UK chancellor, has delivered a tough message to business leaders to end their campaign for Britain to stay in lock-step with Brussels rules after Brexit, telling them they have already had three years to prepare for a new trading relationship. View Article Financial Times: UK faces fines if it breaks post-Brexit EU trade rules : The UK could be fined or lose preferential access to the European market if it violates the terms of a future relationship deal with the EU, under plans presented by the European Commission. View Article Financial Times: Boris Johnson accused of ‘brinkmanship’ by EU trade chief : The EU’s trade chief has accused Boris Johnson of Brexit “brinkmanship”, complaining that the British prime minister’s approach to negotiations was creating uncertainty for business. View Article The Independent: Boris Johnson orders Trump trade talks to begin the day after UK leaves the EU : Boris Johnson has tasked negotiators to begin US trade talks in parallel with EU discussions as he seeks to stamp his authority on the critical next phase of Brexit. View Article Boris Johnson and Donald Trump - LaRazon Financial Times: US threatens UK with car tariffs as digital tax row heats up : The latest ratcheting up of pressure by the US underlined the difficulty of achieving both countries’ ambition to secure a trade agreement this year. View Article The Independent: Belgian region of Wallonia vows to block another EU trade deal, in unsubtle Brexit foreshadowing : The Belgian region of Wallonia has vowed to block an EU trade deal with South America, foreshadowing the kind of barriers Britain will face as it tries to secure a quick agreement with the bloc.  View Article The Independent: EU says Brexit trade deal needs power to fine UK if it breaks rules : Any British trade deal with the EU after Brexit should include powers to fine the UK if it breaks European rules, Brussels has said. View Article The Independent: UK will rejoin EU as younger voters realise Brexit is mistake, says Verhofstadt : Britain will rejoin the EU in the “coming decades” because young voters will realise leaving the bloc was a mistake, according to the European parliament’s chief Brexit coordinator.  View Article City AM: UK will not automatically deport EU nationals after Brexit : The UK will not automatically deport EU nationals who have not applied to stay in the country after Brexit, European Parliament Brexit coordinator Guy Verhofstadt said. View Article The Independent: Boris Johnson to impose new restrictions on EU immigration two years earlier than planned : Boris Johnson is drawing up plans to impose strict new restrictions on EU immigration by 2021, two years earlier than promised by Theresa May. View Article UK in a Changing Europe: Trade diversion and Brexit uncertainties : Since the Brexit referendum, small and medium sized UK firms have begun to divert their exports away from Britain's close and enormous neighbour – the EU – to places further afield. View Article Bloomberg: UK retail sales extend worst run on record : British consumers shunned stores during the crucial Christmas trading period, confounding predictions of a rebound in spending and stoking speculation that the Bank of England will cut interest rates this month. View Article IoD calls on Government to publish Brexit negotiating objectives : The IoD is calling on Government to publish its negotiating objectives as we move to the next stage of Brexit talks, as new survey data finds a majority of its members don’t think the withdrawal agreement provides enough certainty to unlock business investment. View Article City AM: The City highlights its importance ahead of key Brexit talks : The City has outlined its importance to international finance ahead of crunch EU talks with a report that shows it continues to outperform other financial sectors in helping firms tackle risk. View Article   Graham Bishop #FBPE retweeted The Independent @Independent EU says Brexit trade deal needs power to fine UK if it breaks rules independent.co.uk/news/uk/politi…   Graham Bishop #FBPE retweeted City A.M. @CityAM Exclusive: UK to start US trade talks before EU discussions dlvr.it/RNW9vp pic.twitter.com/JTOV0Plhsh   Graham Bishop #FBPE retweeted FT Brussels" src="https://pbs.twimg.com/profile_images/931157406360449024/uendSDG1_normal.jpg" /> FT Brussels @ftbrussels UK faces fines if it breaks post-Brexit EU trade rules on.ft.com/2R8EHOx   Graham Bishop #FBPE retweeted City A.M. @CityAM Chancellor Sajid Javid warns business 'there will be no alignment' with EU on regulations dlvr.it/RNGyVV   Graham Bishop #FBPE retweeted POLITICO Europe @POLITICOEurope "The more reasonable are the demands of the U.K., the more reasonably we can agree," warns Amélie de Montchalin politi.co/36075H0   Graham Bishop #FBPE retweeted FT Brussels" src="https://pbs.twimg.com/profile_images/931157406360449024/uendSDG1_normal.jpg" /> FT Brussels @ftbrussels Angela Merkel warns EU: ‘Brexit is a wake-up call’ on.ft.com/2Tu8qTx   Graham Bishop #FBPE retweeted FT Brussels" src="https://pbs.twimg.com/profile_images/931157406360449024/uendSDG1_normal.jpg" /> FT Brussels @ftbrussels Boris Johnson accused of ‘brinkmanship’ by EU trade chief on.ft.com/2FTWd2u   About this email If you do not wish to receive these e-mails, please click this link If you wish to add a colleague, please inform: office@grahambishop.com Euro Crisis Limited PO Box 2002, Battle, East Sussex, TN33 0WL, UK Tel:+44 (0)1424 777123 Email: info@grahambishop.com (Registered in England and Wales No. 7984039)   © Copyright 2020 Graham Bishop

 

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