Sterling surged against the dollar and Euro on Monday after the European Union's chief negotiator said a Brexit deal was “realistic in six to eight weeks”. For the second time in less than a week, Michel Barnier has signaled his desire to move ahead on the Brexit negotiations, less than seven months before the United Kingdom is slated to leave the European Union on March 29, 2019.
The British Prime Minister, Theresa May, will visit Berlin and the Netherlands in the coming days to meet with the German Chancellor Angela Merkel and Dutch authorities before assembling her government to finally decide what commercial relationship her country wants with the European Union (EU) in the future, commented her spokesman on Monday.
Health Secretary Jeremy Hunt has said that “threats” by business over Brexit are “completely inappropriate”. He was responding to warnings by Airbus and BMW that investments in the UK could be jeopardized by Brexit uncertainty.
Car giant BMW has followed plane-maker Airbus in warning about the consequences of Brexit uncertainty. BMW UK boss Ian Robertson says clarity is needed by the end of the summer. BMW makes the Mini and Rolls Royce and employs about 8,000 people in the UK.
Campaigners have lost a High Court challenge over the legality of Article 50. They hoped to win permission for a judicial review which, they claimed, could result in Brexit negotiations coming to a halt. Lawyers for Elizabeth Webster, who spearheaded the crowd-funded effort, said there was clearly an arguable case to go forward to a full hearing.
The UK food and farming industry wants assurances from the government that it will still be able to recruit enough staff from the EU after Brexit. The demand came as part of a manifesto drawn up by more than 100 organizations across the industry and sent to the PM. It urges the government to publish a white paper setting out its immigration plans as a matter of priority.
More than 60 Conservative MPs have signed a letter to Theresa May making a series of suggestions about the government's Brexit strategy. The letter from the European Research Group says the UK should be free to negotiate and sign trade deals with other countries as soon as it leaves.
Angela Merkel has said that she is not frustrated by Britain's lack of clarity in Brexit, but is still curious about what the UK government actually wants to achieve in negotiations.
Theresa May is due to hold talks with German Chancellor Angela Merkel as she seeks to make progress on negotiating Brexit. The PM will travel on Friday to Berlin for the meeting at the Chancellery. It comes a day ahead of a speech on Saturday in which she is expected to set out the security partnership she wants to maintain with the EU.