The Brexit deal negotiated by the Government of Theresa May and the European Union was rejected on Tuesday for the second time in the British Parliament despite the adjustments that the Prime Minister managed to reach in the European bloc.
A report into the impact of Brexit on banking and finance firms says some £900bn in financial firms' assets have been moved out of the UK. It adds this has cost £3bn-4bn and involves 5,000 expected staff moves or local hires, and that figure will rise.
Theresa May has written to all 317 Tory MPs, urging them to unite behind a Brexit deal while warning them history will judge us all over the process. Efforts will resume this Monday to persuade the EU to agree changes to the backstop plan to prevent the return of customs checks on the Irish border.
Brexit has “raised tensions” on the island of Ireland and “complicated” progress towards a lasting peace, one of the authors of the Good Friday Agreement (GFA) has told MPs. The former premier of the Republic of Ireland, Bertie Ahern, said people were worried that a no-deal UK withdrawal from the EU would be the start of a “slippery slope” to a hard border, with checkpoints and troops.
Irish Prime Minister Leo Varadkar on Friday said he believed “a deal can be done” to avoid a disorderly British exit from the EU, after a meeting with a key ally of British Prime Minister Theresa May that he said went very well.
European Council President Donald Tusk has spoken of a “special place in hell” for “those who promoted Brexit without even a sketch of a plan of how to carry it out safely”. He was speaking after talks with Irish leader Leo Varadkar in Brussels.Brexit-backing MPs reacted with anger to the comments, accusing Mr Tusk of “arrogance”.
The British Prime Minister Theresa May will visit Dublin on Friday evening for Brexit talks, Ireland's Taoiseach Leo Varadkar has said. Mr Varadkar was speaking after his meeting with Commission President Jean-Claude Juncker in Brussels this afternoon.
The EU's chief negotiator Michel Barnier says the Irish backstop is part and parcel of the UK's Brexit deal and will not be renegotiated. Speaking at the European Parliament, Mr Barnier said it was a realistic solution to preventing a hard border.
Barclays is moving €190bn (£166bn) of assets to Dublin because it cannot wait any longer to implement its Brexit contingency plan. The High Court, which has approved the move, says the move involves 5,000 clients. However, few jobs in London are expected to be affected.
The United Kingdom government will support a backbench amendment to the Brexit deal that calls for the planned Irish backstop to be replaced by alternative arrangements. Tory MPs will be told to vote for Sir Graham Brady's proposal when the Commons votes on a series of amendments to Theresa May's plan on Tuesday.