Brexit - Qué nos espera?

Theresa May’s challenges grew fiercer overnight as a former cabinet colleague announced he is running a campaign to oust her, throwing into question the future of Brexit talks. Grant Shapps, who served as Conservative Party co-chairman during David Cameron’s Downing Street tenure, told Bloomberg’s Tim Ross he has a list of colleagues who want to choose a new leader of the party and prime minister, after May failed to win a majority in June’s national election. The list is growing and includes five former cabinet ministers, as well as Tories from both sides of the Brexit debate, Shapps said. Shapps is the most senior figure so far to call for May to quit after her disastrous speech Wednesday to close out the Conservative Party Conference. “We think the prime minister should stand aside now voluntarily so there can be a leadership election as soon as possible,” he said in a phone interview. “It is clear that we need to have a reboot and that means it is time to move on.” ...

The U.K. is stepping up its  plans for a no-deal Brexit . As the government tried to present a united front during the Tory party conference, Brexit Secretary David Davis’s message to the faithful was that the government has a “determined exercise” under way so that it’s ready for the worst if talks fail. “Not because it’s what we seek, but because it needs to be done.” In private too, senior officials are growing concerned that the EU’s refusal to move talks on to trade—with just 18 months to go until Britain leaves—will make a deal impossible before the deadline, Bloomberg’s Tim Ross reports. Leaving the EU without a deal would be catastrophic for business, throwing industries from financial markets to air travel and pharmaceuticals into legal limbo. After decades under European rules, trading terms would revert overnight to World Trade Organization tariffs, and trucks could pile up at ports awaiting customs checks. Playing to the domestic audience, U.K. mini...

El díscolo ministro de Exteriores firma la paz con Theresa May e inyecta moral al Partido Conservador. El Partido Conservador llegó a Manchester hundido. Precedido de protestas callejeras, golpeado en las elecciones de junio, incapaz de desbloquear las negociaciones en Bruselas, envuelto en una guerra del Brexit, con una primera ministra desautorizada y una oposición crecida. Hasta que llegó Boris Johnson. El ministro de Exteriores, en su discurso ante el congreso tory, ha embarcado este miércoles al partido en su visión optimista del futuro del país. Ha ofrecido todo su apoyo a una primera ministra a la que lleva semanas desafiando. Y se ha ganado la autoridad para seguir marcando, desde la retaguardia, la agenda del Brexit. “Es hora de dejar de tratar el resultado del referéndum como si fuera la plaga de las úlceras o una peste bovina o una aberración inexplicable a cargo de 17,4 millones de personas [las que votaron por el Brexit]. Es la hora de ser audaces y aprovech...

With the Conservative Party conference under way in Manchester, two questions are front and center: can Prime Minister Theresa May cling on to the leadership, and will she say anything to worry Brussels while playing to her base? May goes into conference facing calls to fire Foreign Secretary Boris Johnson for undermining her on Brexit—most recently with a weekend interview in The Sun. Asked on Sunday if Johnson was unsackable, May just laughed and dodged the question . Johnson, who is pushing for a quicker, no-compromises split from Europe in favor of closer ties to new allies, in line with the pledges he made on the campaign trail, expects May to be gone in a year, The Sunday Times reported . According to May’s allies, Johnson is just “posturing,” the Telegraph reports today. And it’s not just Boris. Brexit Secretary David Davis has also undermined May, striking a more belligerent tone over the divorce since May’s big Florence speech than the premier did herself. ...

For all the fighting talk at the start of the fourth round of Brexit negotiations, the EU is now considering a concession . Moving talks on to trade next month looks all but out of reach, but Bloomberg’s Ian Wishart and Viktoria Dendrinou report that EU governments may allow negotiations about the transition period to be brought forward. It’s a minor concession and the two sides remain far apart on some key issues, but movement on an issue that’s so crucial for U.K. businesses would ease negotiations over the bill. It would also show that Prime Minister Theresa May’s speech in Florence last week hit at least some of the right notes in Europe. The concession could see chief negotiator Michel Barnier handed an amended mandate. When EU leaders meet at a summit in October they may allow Barnier to address the transition alongside the divorce, according to people familiar with the situation. Initially any transition was meant to be debated only after the divorce had been settle...

The Brexit bill might just have got even bigger. As negotiators haggle line by line over what each side thinks Britain should pay when it leaves, the latest budget data include some unwelcome numbers. The European Union’s liabilities grew almost 4 percent in 2016, with the cost of pensions for EU officials and lawmakers rising more than 5 percent, according to budget documents obtained by Bloomberg’s Ian Wishart and Marine Strauss. Pension costs are already one of the trickiest bits of the bill—Brexit Secretary David Davis called them “debatable” at the weekend—and the latest data will sharpen that debate. Swelling EU costs will also provide fodder for British euroskeptics who would rather Britain walked away without paying anything, and who object to Prime Minister Theresa May’s offer to keep paying into the EU budget for two years after Brexit.  Negotiators need to take into account costs that will continue to rise until then, not just current liabilities. That’s wh...

Minutes into the fourth round of Brexit talks, which started in Brussels on Monday, Britain’s Brexit Secretary David Davis shattered the illusion that the U.K. was ready to play by the EU’s rules on the divorce bill. Whatever Prime Minister Theresa May said in Florence last week about meeting the U.K.’s financial commitments, Davis made it clear Britain will only pay up if it gets the final deal it wants.  “It’s obvious that reaching a conclusion on this issue can only be done in the context of, and in accordance with, a new deep and special partnership with the EU,” Davis said, standing alongside EU chief negotiator Michel Barnier, who has made it clear the bill needs to be sorted first. Watch: Barnier Demands Brexit Clarity from U.K. Even before Davis arrived in Brussels, European affairs ministers briefed by Barnier were skeptical that EU leaders will be able to sign off on talks moving on to the trade deal Britain wants in October, according to people in the m...