Labour has moved first to reset the EU-UK relationship – Brussels needs to sit up and listen
Labour’s stonking general election victory on 4 July could raise hopes on both sides of the Channel that the UK may now seek to reverse at least some aspects of Boris Johnson’s hard Brexit. Alas, new prime minister Sir Keir Starmer won’t be clambering for closer (re)integration anytime soon. The key EU message from Labour’s […]
On the fringes: EU-UK financial services under the TCA
The outcome of the Trade and Cooperation Agreement (TCA) for trade in financial services between the EU and UK deal was even more paltry than expected. The TCA does not even institute a dedicated financial services committee, but rather a general one for services. Nevertheless, there is a deal that provides for an umbrella, a […]
The Brexit trade deal is no frictionless uncoupling
The Trade and Cooperation Agreement between the EU and the UK is an exercise in damage limitation. The UK’s decision to leave the EU, the Customs Union and the Single Market, means it will face numerous obstacles. However, it was in nobody’s interest to add to these obstacles, and that was the spirit in which […]