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UK: Brexit negotiations to take centre stage - BBH

Analysts at BBH suggest that in Europe, the negotiations over the UK's exit from the EU continue to be an important talking point.  

Key Quotes

“New wrinkles appear to have emerged, including the Irish border, that seems as intractable as any challenge of the divorce/amputation.  There is speculation that Prime Minister May will shortly make a more detailed commitment of the sums the UK will pay to fulfill its obligations.  This is in the hope that next month, the negotiations can turn to the post-separation relationship.  It is by no means a done deal, and there is a certain pessimism that seems to be growing.”  

“To complicate matters, media reports suggest 40 Tory MPs are willing to sign a letter of no confidence against May.  48 are needed to trigger a leadership challenge to May.  Brexit hardliners Gove and Johnson wrote a "secret letter" to May outlining their idea of an exit without a deal and seemed to be critical of soft exit camp in the government (by implication Hammond, Chancellor of Exchequer).”

 

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