365 Days: 29 December 2017

365 Days: 29 December 2017

A slow departure

Negotiations between the UK government and the EU limped along during 2017. The reliance of the Conservative government on the Democratic Unionist Party for its majority proved a stumbling block, particularly due to the latter’s refusal to compromise on maintaining Northern Ireland’s regulatory union with the rest of the UK. However, there was finally some progress made after EU leaders agreed talks could move to the second phase and a future trade deal agreed. With London as a major financial centre, the terms of sale of financial services will likely be high on the agenda.

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