The Government should be prepared to vote against new EU measures it believes are not in the national interest, even as it negotiates Britain withdrawal from the bloc, MPs have said. The Commons European Scrutiny Committee said, while it did not want the UK to be seen in Brussels a “wrecker”, EU legislative changes could make a “significant difference” to the context of the Brexit negotiation.
Prime Minister Theresa May reiterated on Thursday the UK’s desire to ensure a deep and special partnership with the European Union, but as the UK exits the EU and there would be no negotiation on the sovereignty of Gibraltar without the consent of its people. Mrs. May made the statement after meeting at 10 Downing Street with the president of the European Council Donald Tusk for talks following the triggering of Article 50.
One in three people in Britain would cede at least some sovereignty over Gibraltar for a better Brexit deal according to a YouGov poll made public this week. The poll conclusions were released when Nigel Farage, Britain's leading Brexiteer expressed support for proposals to hold a referendum in Gibraltar to ask whether they want to become part of the UK.
The process of an independent Scotland rejoining the European Union could be relatively speedy, a senior German MEP has said. Elmar Brok said there would be few technical obstacles to overcome if the political will was there to allow it to happen.
MPs have warned about the UK and the EU failing to reach a Brexit agreement, urging the government to work out how much no deal would cost. The Brexit committee said ministers' claim that no deal is better than a bad deal was unsubstantiated until an economic assessment was published. But the report divided the cross-party committee, with some members saying it was too pessimistic about Brexit.
Deutsche Bank has committed to moving to a new office in London, at a time when banks are assessing their place in the capital ahead of Brexit. Germany's biggest lender is in exclusive talks for a 25-year lease on a new building.
Spain’s Foreign Minister, Alfonso Dastis, has told a leading German newspaper that Madrid will not be taking “any type of punitive measures” at the border with Gibraltar after Brexit. Dastis has made similar statements in recent days to Spanish media, but his comments to Frankfurter Allgemeine Zeitung are the first time he has spoken about the border to the international media.
London’s powerhouse financial sector finds itself at a critical juncture with Article 50 about to be triggered, as the Square Mile braces itself for a jobs exodus and the potential loss of European trading rights following Brexit. City bosses and politicians have called on the UK Government to secure a transitional deal for the industry to prevent companies pre-empting uncertainty by upping sticks to rival financial centres across the globe.
The head of UK opposition and Labour leader Jeremy Corbyn said Prime Minister Theresa May’s plans for Brexit were potentially “reckless and damaging”.
In a press conference in Brussels, following the hand-delivered letter, EC president Donald Tusk sent a message to the UK: “We already miss you. Thank you and goodbye.”