Tag Archives: BREXIT

The Prime Minister of the United Kingdom (UK), Boris Johnson, said on Friday that now is the time to be ready for a not reaching a trade deal with the European Union. This comes about 10 weeks before the end of the transition period, which was agreed with the Brexit …

Trade talks between the United Kingdom (UK) and the European Union (EU) are reportedly showing progress, according to the British Prime Minister’s spokesperson, Reuters reported. “Some progress has been made this week, primarily in technical areas of the negotiations, but there are still differences, with fisheries being the starkest.”

The London Stock Exchange (LSE) is moving some trading operations related to shares listed in the European Union countries to the Netherlands. A Dutch platform by LST will see the movement of trading the said shares starting November, according to media reports. This comes as London tries to avoid its …

Talks between the United Kingdom (UK) and the European Union (EU) are reportedly advancing, with the two parties edging closer to a trade agreement after the Brexit, Reuters reported on Tuesday, citing two diplomatic sources. The EU supposedly plans to finish negotiations by mid-November, one month and a half before …

The European Union has launched a legal case against the United Kingdom on Thursday over its plans to pass legislation that would breach parts of the legally binding Brexit agreement the two sides reached late last year. Johnson risked proposing legislation that would repeal parts of the EU Withdrawal Agreement that …

Ireland’s Minister of Foreign Affairs and Trade, Simon Coveney, recently said that the United Kingdom (UK) is making negotiations for a new trade deal with the European Union (EU) more difficult by pushing for legislation that undermines international law. “There is a growing sense that perhaps the United Kingdom does …

In a statement published on Thursday, the UK government said that it will ask parliament to use powers in the Internal Market Bill if the European Union engages in a material breach of its duties of good faith or other obligations. “Examples of that would be an insistence that Great …

A recent report by Goldman Sachs suggested that the market is over reacting to concerns over a Brexit without a trade deal, noting that the British Pound (GBP) is currently trading at attractive levels. “For investors willing to look through some near-term volatility, current levels for sterling longs now look …

The European Union is planning to delay the decision on allowing the UK to continue clearing euro transactions for EU-based clients due to concerns over the UK’s intention to break the Withdrawal Agreement with the Internal Markets Bill, Reuters reported on Monday, citing a derivatives industry source. The EU is …

A Reuters poll showed on Wednesday that the possibility of the United Kingdom (UK) and the European Union (EU) failing to reach a new trade agreement by the end of 2020 is increasing with recent talks between the two sides reportedly stalling. There is a number of disagreements between the …