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Brexit

Brexit

Sterling weakens against euro as post-Brexit deal rally

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…
bubmag
January 4, 2021
Brexit

Brexit deal won’t kill the economic pain

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…
bubmag
December 24, 2020
Brexit

EU banks losing appetite for exposure to Brexit Britain

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…
bubmag
December 12, 2020
Brexit

What EU leaders are saying about getting a Brexit deal over the line

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…
bubmag
December 10, 2020
Brexit

Brexit trade talks going backwards

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…
bubmag
December 3, 2020