Liam Fox, the UK’s international trade secretary, has said the UK could “survive” without a post-Brexit free trade deal with the European Union (EU).
The European Central Bank (ECB) is seeking statute changes to grant its governing council greater legal powers over euro clearing after Brexit.
UK chancellor Philip Hammond said that Britain will leave Europe’s single market and customs union when it withdraws from the EU in an interview with the BBC’s Andrew Marr Show on Sunday.
If the UK leaves the European Single Market, it could cost the country’s economy £36bn a year.
What do the British public want from the future relationship between the UK and the EU?
Freedom of movement was one of the key aspects of the Brexit campaign and will make up one of the main negotiation points now that Article 50 has been triggered.
A regulatory advisory group — sponsored by the City of London Corporation and TheCityUK — has hatched a plan for the UK to retain EU market access post-Brexit.
Germany’s “Mittelstand” of small and medium-sized firms (SMEs) could lose billions of euros if the UK is forced to leave the single market, an industry representative has warned.
So sterling fell to a ten week low following British prime minister Theresa May’s strong hint the UK will not remain within the European Union’s single market.