A new decision in the European Court of Justice could complicate Theresa May’s task of securing a post-Brexit trade deal with the EU. The Luxembourg-based court has ruled that a free trade deal reached with Singapore in 2013 must be ratified by member states.
The Gibraltar Government is calling on Britain’s political parties to make “clear and explicit commitments” to Gibraltar in their manifestos for the June 8 general election. Chief Minister Fabian Picardo said his government would seek assurances on Gibraltar’s post-Brexit future from parties contesting the UK election.
Lloyds Banking Group has decided to set up a European base in Germany after the UK leaves the EU, according to the BBC. Lloyds has decided to convert its Berlin branch into a European hub, in order to maintain a presence inside the EU, sources told the BBC.
British trade minister Liam Fox has urged ministers from more than 30 Commonwealth countries to resist “seductive” trade protectionism on Thursday, eyeing the network of mostly former colonies as a way to boost post-Brexit trade.
Britain can legally walk away from the European Union without paying a penny if there is no post-Brexit agreement, a House of Lords inquiry has concluded. The Lords EU Financial Affairs Sub Committee said the UK would be in a “strong” legal position if the two-year Article 50 withdrawal negotiations ended without a deal.
German chancellor Angela Merkel has welcomed Theresa May's remarks that Britain wants to see a strong Europe - even as it prepares to quit the EU. The prime minister told EU leaders she wanted to build a strong partnership with the EU and pledged the UK would be a good friend and ally post-Brexit.
Spain is seeking “the consensus of everyone” in order to further its sovereignty aspirations over Gibraltar, the country’s Minister for Foreign Affairs said in an interview at the weekend.Alfonso Dastis Quecedo told La Vanguardia newspaper that “there is no doubt” as to Spain’s position in respect of the Rock. “We want that piece of Spain to be reintegrated into Spain,” he said.
Spain will oppose any special treatment for Gibraltar or Scotland as part of the Brexit process, the ruling Partido Popular spokesman in the European Parliament said this week. During a speech in Strasbourg, Esteban Gonzalez Pons said only the UK could negotiate its withdrawal and that any deal would “affect the entirety” of the country.
Former British Prime Minister David Cameron announced on Monday that he is stepping down as a member of Parliament, just months after leaving 10 Downing Street. Cameron, a member of the Conservative Party, stepped down as prime minister in July after the United Kingdom voted in a June referendum to leave the European Union, saying the country needed new leadership.
A senior German lawmaker, an adviser to the French prime minister and a former deputy head of the Bank of England have proposed that a post-Brexit Britain form a new continental partnership with the EU.