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Luuk Jacobs

The chequers agreement .... a real solution

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Luuk Jacobs

No the agreement has not been published yet but do you think the Chequers agreement will be sufficient to get a Brexit agreement with the EU ?

 

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Andy Milner

There are definitely positive signs coming from Merkel, but I suspect there will have to be further compromise from Britain yet.. It will be interesting to see the reaction from the Boris Johnson / Jacob Rees-Mogg's of the Tory party if that happens!

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Jonathan Max

Thanks @Andy Milner but a positive sign from Merkel probably means the equal opposite for the City! Essentially, the UK would become a rule-taker, still collecting and passing on EU tariffs without reciprocation. And without a seat at the table, this deal could probably place us in a much worse position than we were in before the referendum. 

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Luuk Jacobs

Seems to be a bit of a mixed bag as to how the various stakeholders have reacted. A kind of no official reaction from the EU (although Barnier has mentioned with the white paper we are possibly 80% there .... but then again an agreement is only 100%). In the attached a good summary of what the paper is with a further commenting in the ft https://on.ft.com/2LdAFPH

White Paper Circular.docx

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