Brexit

Updated / Monday, 4 Jan 2021 09:34 The pound had strengthened after a last-minute Brexit deal was agreed on December 24 The pound weakened versus the euro on Britain's first day of trading outside the European Union, but strengthened against a softer dollar, climbing above $1.37 for the first time…

Britain has clinched a last-minute trade agreement with the European Union that will preserve its zero-tariff and zero-quota access to the bloc's single market of 450 million consumers. But it is a thin deal that will not prevent economic pain and disruption for the United Kingdom or for EU member…

Banks in the European Union may be losing their appetite for exposure to Britain, the EU’s banking watchdog said yesterday.There are concerns in the bloc that a no-deal Brexit, which is looking increasingly likely, could disrupt financial markets. Read more: Macron promises not to ‘have cake and eat it’ in Brexit…

In DepthYour guide to the best columns and commentary on Thursday 10 DecemberThe Week’s daily round-up highlights the five best opinion pieces from across the British and international media, with excerpts from each. 1. Philip Johnston in The Daily Telegraphon the curse of the EUEurope brought down six Tory PMs. Can…

BrexitBloc publishes no-deal planning as negotiators head back to the table with new deadlineThe future of a post-Brexit trade deal is back in the hands of negotiation officials after a face-to-face meeting between Boris Johnson and EU Commission President Ursula von der Leyen failed to break the deadlock.The two leaders…

As negotiations with the EU go down to the wire, Boris Johnson has been warned his job may be at stake if he tables a withdrawal agreement that does not satisfy Conservative MPs eager to “get Brexit done”.An unnamed MP told political journalist James Forsyth that if Johnson “lets us down, I’ll…

In BriefUK officials claim the bloc’s negotiators are upping demands about state aidBrexit negotiators are attempting to get the talks back on track today amid a flurry of claims about last-minute demands that could scupper the negotiations.UK officials told Politico’s London Playbook that the talks had descended into chaos yesterday…

LONDON, Dec 3 (Reuters) - The trade talks between Britain and the European Union have gone backwards and the expectation that the bloc’s Brexit negotiator Michel Barnier would return to London over the weekend to seal a deal may not be fulfilled, Sky News said on Thursday.“Despite intense negotiations over…

The UK will leave the EU's trading rules in less than five weeks' time. With or without a trade deal with Brussels, Brexit will inflict a significant hit on the UK economy, the Office for Budget Responsibility said this week. No deal would reduce long-term output by 6%, it said.…

Michel Barnier has told the European Commission that Brexit negotiators are in the “final push” to secure a trade deal with the UK.The EU’s chief negotiator (pictured) gave the update as senior diplomats warned that governments may begin enacting “emergency no-deal plans if a trade accord was not struck by…