Brexit - Qué nos espera?

The ghost of former Prime Minister Margaret Thatcher is stalking Brexit talks.  French Finance Minister Bruno Le Maire invoked Thatcher’s famously bellicose approach to Europe last night, as he insisted Britain will have to pay a divorce settlement, which he put at €100 billion ($115 billion). “As Thatcher famously said ‘we want our money back.’” The bill is expected to remain a stumbling block for months, and talks can’t move on to trade and the future relationship until positions on how much Britain owes have converged. Little progress appears to have been made as the second round of talks draws to a close in Brussels today, and the size of the bill will probably feature prominently when EU chief negotiator Michel Barnier — and possibly Brexit Secretary David Davis — give a press conference this afternoon. Thatcher’s legacy has also thrown up another obstacle in the talks, according to the  Financial Times , which reports today tha...

It’s not all doom and gloom in Brussels. While Brexit negotiators acknowledged frustration on both sides on the second day of negotiations,  signs of progress  are also emerging, Bloomberg’s Ian Wishart writes. Officials spent the day delving into the details of the issues they need to make headway on before an October summit of leaders. Several hours were devoted to ideas on keeping the Irish border as open as possible, as well as the rights of European nationals in the U.K. The past two days show that Britain’s divorce payment to the European Union remains one of the biggest sticking points, people familiar with the talks said. Both sides are barely going further than trying to understand each others’ positions, quizzing each other as they seek to tease out common ground, said the people, speaking on condition of anonymity. Still, standing accused by EU negotiator Michel Barnier of wasting time, the U.K. ha...

It’s complicated. That’s the assessment the British made after the  first day  of rebooted Brexit talks. Brexit Secretary David Davis headed back to London after just three hours following a photo opportunity that prompted Twitter mockery over the size (or otherwise) of his stack of papers. Davis’ clear desk was  compared unfavorably  with EU chief negotiator Michel Barnier’s sizable file. The team of 98 British officials will be back to technical talks today, covering issues such as citizens’ rights, financial obligations, nuclear energy cooperation and what to do about U.K. and EU goods placed on the market before Brexit day, Ian Wishart reports. “We recognize that this will be a complicated and technical process and we look forward to coming back tomorrow to make progress on the work we have begun today,” a spokesman for the Department for Exiting the EU said at the end of Monday’s talks. The EU has made much o...

I n boardrooms across London, bank executives are deciding where to move tens of thousands of jobs in the event of a hard Brexit. Rival European financial centres, including Paris, Frankfurt and Luxembourg, are vying for the business – but Dublin is emerging as the most popular destination. Hundreds of banks, insurers, fund managers and other major City firms had until Friday to tell the  Bank of England  how they intend to  cope in the event of a hard Brexit . Continue reading in this link https://www.theguardian.com/business/2017/jul/15/dublin-first-choice-london-banks-brexit-relocation-plans?CMP=share_btn_tw

A second round of Brexit talks  starts today  in Brussels, with the U.K.’s final goal still unclear and increasingly public splits in the Cabinet about what the final divorce should look like. A spat over how long any post-Brexit transitional agreement should last dominated weekend news, with Chancellor of the Exchequer Philip Hammond arguing that any arrangement should remain in place for a  couple of years  to give businesses stability. His view contradicts that of Trade Secretary Liam Fox, who doesn’t want Britain’s hands tied for more than a few months. The split over the shape of any transitional deal — arguably the most important issue for business and markets — adds to the sense of disarray on the U.K. side. Prime Minister Theresa May’s authority remains in question and ministers appear to be briefing against each other in the  U.K. press . It also follows a  clash between May...

London should be allowed to strike an EU immigration deal of its own post-Brexit in a bid to prevent a “catastrophic” impact on the city’s economy, a major report has suggested. Britain’s decision to leave the EU presents the capital with “big challenges” that are “different both in degree and character” than other UK cities, the Centre For London said in its Open City report. London should be allowed to strike an EU immigration deal of its own post-Brexit in a bid to prevent a “catastrophic” impact on the city’s economy, a major report has suggested. It cites research which suggests a “catastrophic” ‘hard Brexit’ could force the loss of 35,000 financial jobs and around 35,000 additional jobs in related sectors in London. “These figures assume we are left with nothing but the World Trade Organisation rules,” Richard Brown, one of the report’s authors told HuffPost UK. “I think on the upside, however, Europe depends on London as much as London depends on Europe.” “There shoul...

El Rey pide que no se dañen los intercambios económicos entre España y Reino Unido. Acceso a la nota en este link. https://acceso360.acceso.com/colegiadvocats/es-ES/?mod=TrackingPressViewer&task=default&external=1&companyNewsId=439331151&newsDate=1499983200&sig=14496b847b10ccaf058ecc5930e8e518e6074e0724939892f4b1a4132f86cb8e