Downing Street insists Theresa May will not quit until after Brexit

  • Downing Street has insisted Theresa May will not quit as prime minister until Britain leaves the EU, as she shrugged off growing calls for her to step down.
  • Amid pressure from her own MPs to set a firm departure date, Mrs May’s spokesman said she did not plan to leave until the House of Commons has approved her withdrawal agreement with Brussels, which MPs have already rejected on three occasions.
  • The FT

Regulator urges post-Brexit deal for City of London

  • The bookies’ favourite to be the next Bank of England governor has a stark message for the government and its efforts to strike a compromise Brexit deal: any agreement with Labour on a customs union will do nothing for the UK’s all-important financial services industry.
  • “An agreement on a customs union would tie down the goods model, but it wouldn’t tie down the services model,” Andrew Bailey, chief executive of the Financial Conduct Authority, told the Financial Times.
  • The intervention by the UK’s chief regulator on financial conduct comes as the Conservatives and Labour struggle to finalise a compromise Brexit deal that could win the support of parliament. A significant part of the talks has been focused on Labour’s proposal for a permanent customs union between the UK and the EU covering trade in goods.
  • The FT

UK and Ireland agree to maintain common travel area after Brexit

  • The UK and Ireland have signed a deal to maintain their citizens’ rights to travel freely between the two countries after the UK leaves the EU, in an initiative that some Brexiters said had wider significance for future relations with the bloc.
  • The agreement includes a memorandum of understanding between London and Dublin guaranteeing reciprocal rights to social security, health services and education in Ireland and the UK after Brexit. It also confirms the rights of the two countries’ citizens’ to work and vote in local and national parliamentary elections in each other’s jurisdiction.
  • The FT
Author

Jessica's practice focuses on international trade and anti-bribery work, encompassing customs, export control and sanctions matters. Jessica's trade work includes advising international clients on fast-moving and evolving EU and UN sanctions, notably in respect of Iran and Russia, and on compliance with UK and EU export controls. Her trade experience also includes advising on tariff classification and customs valuations. Jessica's anti-bribery experience includes assisting with investigations, and advising clients on compliance with anti-bribery laws. Jessica has also taken a lead role in monitoring Brexit-related developments; analysing how they will affect the UK's trading position generally, and clients' businesses specifically. She has helped clients begin to conduct risk assessments of how Brexit will impact their businesses, and has assisted them in developing tailored Brexit strategies. Jessica also presents at various seminars, webinars, and conferences on the complexities of Brexit. Jessica advises global clients on complex issues arising from international transactions and works with clients across a number of sectors including pharmaceuticals, defence, finance, aviation, energy, and telecommunications. Jessica has also worked previously in Paris, and is fluent in French.

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