US UK post-Brexit trade talks News

UK Financial Services Could Fare Less Well in U.S. Trade Deal than Energy, Cars

Britain’s financial services industry could fare less well than energy, autos and other sectors under a free trade deal with the United States, the government said on Monday. Britain said in its negotiating mandate for a free trade agreement (FTA) …

Brexit Impact on UK Insurers Dictated by Trade Talks, Possible Economic Hit: AM Best

From an operational point of view, the United Kingdom’s departure from the European Union on Jan. 31, 2020 will have little immediate impact on AM Best-rated insurers in the UK or EU, according to the ratings agency in a new …

Factbox: What’s Ahead for UK Financial Services Sector and Brexit Trade Deal?

Britain leaves the European Union at 2300 GMT on Friday but has yet to negotiate a deal on future trading relations with the bloc. The EU is Britain’s biggest market for financial services, worth about 26 billion pounds ($34.2 billion) …

U.K. Financial Services Firms Prepare for Worst in Brexit Trade Talks

Britain’s finance sector is losing hope of securing even basic access to European Union markets from Dec. 31, as talk that the EU wants UK fishing rights in exchange draws the industry into a political struggle between the bloc and …

U.K. Financial Services Firms Must Prepare for Failure of Brexit Trade Deal: Regulator

Financial firms in Britain should be ready in case no trade agreement is struck with the European Union by December, a senior U.K. regulator said on Thursday. Britain leaves the EU next week, followed by a “business as usual” transition …

U.K. Lawmakers Approve EU Exit at End of January with 11 Months of Trade Talks Ahead

Lawmakers approved legislation on Thursday which will allow Britain to leave the European Union on Jan. 31 with an exit deal, ending more than three years of tumult over the terms of the unprecedented divorce. They voted 330 to 231 …

‘Impossible’ to Agree to Full EU-U.K. Brexit Trade Deal by Year End: EU Head

Britain will find it “basically impossible” to negotiate all aspects of its future relationship with the European Union by the end of this year, the head of the European Commission said on Wednesday, adding that both sides must pick priorities. …

U.S. Says Trade Talks with Britain Not Possible Until Brexit Resolved

Britain needs to sort out its relationship with the European Union before it can begin to talk to the United States about any post-Brexit trade deal, U.S. Trade Representative Michael Froman said in Geneva on Monday. “The practicality is that …