• May hints at Irish Sea border in pledge to offer new backstop proposal
    21 September 2018
    Theresa May says she will shortly put forward an alternative proposal for the Irish backstop, indicating that it could feature a regulatory border between mainland Britain and Northern Ireland if the province’s devolved government and lawmakers agree.

    The UK prime minister’s remarks confirm hints from ministers that she’s prepared to accept a middle way to prevent the Northern Ireland question sinking Brexit negotiations..

    The UK has already said it would accept remaining in a customs union with the bloc to prevent the need for checks on products crossing the Irish border, until an alternative solution is found.

    By Matthew Holehouse

    To request the full article please click here >

  • CMA's state-aid preparation to be led by Enser, following chief's departure
    05 September 2018
    Work to prepare the UK’s state-aid control regime at the country’s competition authority will be led by Juliette Enser, until a replacement for the agency’s departing state-aid chief is found, MLex has learned.

    Sheldon Mills, appointed by the Competition and Markets Authority in April as interim senior director of state aid, is joining the Financial Conduct Authority in November to lead its competition department.

    Enser is currently the UK antitrust authority’s interim project director for state aid. Michael Grenfell, the CMA’s executive director of enforcement, and a team of staff will assist Enser in her role.

    By Simon Zekaria and Matthew Holehouse.

    To request the full article please click here >

  • Trade agreement rollovers after Brexit 'not a given,' minister says
    04 September 2018
    The UK’s trading partners still aren’t fully convinced they'll be able to roll over the EU’s international trade agreements to Britain immediately after Brexit, trade minister George Hollingbery told lawmakers.

    “There are issues with some of them… it is nothing the UK can really control... It’s not an absolute given that we’ll get them all transitioned [before exit day]," he said during the hearing at the International Trade Committee of the House of Commons.

    The problems, which the minister calls “small and technical,” include the timing, parliamentary restraints in some of countries and the structure of some of the agreements.

    By Zosia Wanat.

    To request the full article please click here >

  • Brexit threatens EU nuclear investments in UK
    03 September 2018
    EU nuclear-energy investments worth billions of euros are at risk from a disorderly Brexit, warns a report drafted for the European Parliament's energy committee.

    About a third of the construction investments for the Hinkley Point power plant in Somerset could come from the 27 remaining member states, says the report, which summarizes talks held earlier this year as guidance for lawmakers handling Brexit and energy-policy dossiers.

    The combined value of the first two planned reactors at Hinkley is 68 billion euros ($78 billion), the report says.

    By Emily Waterfield.

    To request the full article please click here >

  • UK 'no-deal' Brexit planning offers no answers for Irish border trade
    23 August 2018
    Businesses trading over the UK-Ireland land border should speak to the government in Dublin over what to do in case the UK exits the EU without a deal, the British government has said. That's about the extent of the UK's "no-deal" planning for Irish-border trade, according papers unveiled today..

    A note today highlights “the very significant challenges that the lack of a UK-EU legal agreement would pose in this unique and highly sensitive context” and calls for “engagement on land border trade.”.

    “The Irish government have indicated that they would need to discuss arrangements in the event of no deal with the European Commission and EU member states. We would recommend that, if you trade across the land border, you should consider whether you will need advice from the Irish governments about preparations you need to make.”.

    A standoff over the border is the principal risk to a negotiated settlement. .

    By Matthew Holehouse

    To request the full article please click here >