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Brexit deal

UK and EU agree to historic Brexit deal

UK and EU agree to historic Brexit deal

  • On Thursday, a historic deal on the future of the United Kingdom's historic trading and security relationship with the European Union has finally been struck, a week before the end of the transition period.
  • Downing Street has issued a statement confirming the deal.
Published 24 Dec, 2020 07:55pm
European stocks end on high note with Brexit deal in sight
Markets

European stocks end on high note with Brexit deal in sight

  • Brexit deal announcement awaited, fishing still under discussion.
  • London mid-caps hit highest in 10 months.
  • Banks lead gains, material stocks dip.
  • Stock markets in Germany, Italy and Switzerland closed.
  • No European markets report on Dec 25 due to Christmas holiday.
Published 24 Dec, 2020 07:15pm
EU-UK trade pact still possible as departure date nears
World

EU-UK trade pact still possible as departure date nears

  • The European Union’s Brexit negotiator, Michel Barnier, said on Monday that sealing a new pact with Britain was still possible as the date for the country’s departure from the bloc edged nearer.
  • Despite missing multiple deadlines, Britain and the EU agreed on Sunday to “go the extra mile” to try to break deadlocks on access to UK fishing waters for EU trawlers and corporate fair play rules.
Published 14 Dec, 2020 03:07pm
Talk of a 'no deal' Brexit grows as deadline looms
World

Talk of a 'no deal' Brexit grows as deadline looms

  • Talk of tumultuous final British split from EU grows.
  • Johnson says moment may come to declare game over.
  • Ireland: breakthrough needed in 48 hours to avoid 'no deal'.
  • UK, EU leaders to meet over dinner in Brussels on Wednesday.
  • UK removes law-breaking clauses, offering ray of hope.
Published 09 Dec, 2020 12:25am
Moment may come to end post-Brexit EU trade talks, UK PM Johnson says
World

Moment may come to end post-Brexit EU trade talks, UK PM Johnson says

  • Prime Minister Boris Johnson said on Tuesday that Britain could call an end to post-Brexit trade talks without a deal being reached.
    • This statement came only a day after the Prime Minister agreed to meet the European Commission head in a last-ditch attempt to break the stalemate.
Published 08 Dec, 2020 06:27pm
PM Johnson and EU chief seek to break Brexit impasse
World

PM Johnson and EU chief seek to break Brexit impasse

  • If the two sides fail to reach a deal, the five-year Brexit divorce will end messily just as Britain and Europe grapple with the vast economic cost of the COVID-19 outbreak. *“We keep calm, as always, and if there is still a way, we will see,” EU chief negotiator Michel Barnier told broadcasters in London as he left for Brussels.
Published 05 Dec, 2020 07:59pm
Britain and Canada agree post-Brexit rollover trade deal
World

Britain and Canada agree post-Brexit rollover trade deal

  • As Britain prepares to end its transition out of the European Union on Dec. 31, it has negotiated multiple rollover bilateral deals to maintain trade.
  • "Today's agreement underpins 20 billion pounds worth of trade and locks in certainty for thousands of jobs," Liz Truss, the UK's international trade secretary,
Published 22 Nov, 2020 12:45am
Irish PM confident on Brexit, believes British PM wants deal
World

Irish PM confident on Brexit, believes British PM wants deal

  • Both sides have said they made good progress in the latest talks on a last-minute trade deal that would stave off a tumultuous finale to the five-year-old Brexit crisis.
  • My gut instinct is that the (British) prime minister does want a deal.
Published 24 Oct, 2020 06:30pm
EU to delay euro clearing decision on Brexit divorce threat
Markets

EU to delay euro clearing decision on Brexit divorce threat

  • The European Commission was due to formally take that decision later this week, but is now expected to delay it until around the end of the month.
  • The delay was linked to Britain's perceived unpicking of the Withdrawal Agreement it signed with the bloc.
Updated 14 Sep, 2020 06:59pm
No-deal Brexit would hurt Britain more than EU: Scholz
World

No-deal Brexit would hurt Britain more than EU: Scholz

  • My assessment is that an unregulated situation would have very significant consequences for the British economy.
  • Europe would be able to deal with it and there would be no particularly serious consequences after the preparations we have already made.
Published 12 Sep, 2020 06:12pm