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Theresa May call to Prime Minister Sanchez of Spain

by Politicker 0 Comments

Theresa May call to Prime Minister Sanchez of Spain on 21 November 2018

A Downing Street spokesperson said:

The Prime Minister spoke to Prime Minister Pedro Sánchez of Spain this evening.

She said there had been good engagement between the UK, the Government of Spain and the Government of Gibraltar in order to come to an agreement in the Withdrawal Agreement and associated package of Memoranda of Understanding relating to Gibraltar. She said that the UK and Government of Gibraltar looked forward to these discussions continuing as we discuss the future relationship.

The Prime Minister reiterated her commitment to agreeing a deal that works for the whole UK family including Gibraltar, the other UK Overseas Territories and the Crown Dependencies.

The European Council May 2016 to June 2018

Striving for unity: The European Council, May 2016 to June 2018, report by President Donald Tusk. This report details the work of the European Council, where the leaders of the European Union meet, from May 2016 to June 2018.

Striving for unity: The European Council, May 2016 to June 2018, report by President Donald Tusk

The report shows how the Union’s political unity was maintained and strengthened in the face of multiple threats and challenges: unprecedented migratory pressures, shifts in geopolitics, a sustained terror threat, an uncertain economic outlook and the decision by British voters to leave.

From 2016 to the present, Europe’s leaders have remained united on the fundamental issues, from the withdrawal negotiations with the United Kingdom to standing together against external threats, whether it is Russia’s continued aggression in Ukraine or fundamental challenges to the global trading system.

Due to a strong belief in the Union as the framework for member states’ common future, Europe remains a positive point of reference for the world, from championing the Paris Agreement to combat climate change to promoting the rules-based international order with free and fair trade at its centre.

Internally, the EU needs to invest more in the protection of our people against security threats, illegal migration and uncontrolled globalisation. Tough negotiations continue to limit the damage to citizens, businesses and member states arising from the UK’s departure on 29 March 2019.

And there is still much to do to strengthen economic and monetary union, advance co-operation on defence issues and develop a sensible, crisis-resilient migration policy.

EuropeanCouncilMay16toJune18 (pdf)

The Future UK-EU Relationship

The Government today (23 July 2018) published a White Paper, The Future UK-EU Relationship presented as a series of slides and may be an attempt to summarise the formal 104 page White Paper “The future relationship between the United Kingdom and the European Union” issued earlier.


This proposal builds on the vision for our future relationship set out by the Prime Minister at Mansion House and in Munich, and is comprised of four parts:

  • economic partnership
  • security partnership
  • cross-cutting and other cooperation
  • institutional arrangements

The Future UK-EU Relationship (pdf)

Philip Hammond’s speech 07 March 2018

The Chancellor of the Exchequer, Philip Hammond’s speech on financial services at HSBC on 07 March 2018.


Here’s a transcript

It’s great to be here in Canary Wharf, and I am grateful to HSBC for hosting me. But I am conscious that holding this event in London risks feeding the prejudice that financial services is just a London business when, in fact, of course it is a vibrant part of the economy across the length and breadth of Britain with over two-thirds of financial services jobs outside London and significant financial services hubs in Edinburgh, Leeds, Bristol, Belfast, Birmingham and Bournemouth, to name but a few.

On Friday, the Prime Minister set out the UK’s vision for its future economic partnership with the European Union in a speech which answered the call to set out “what we want” while being clear that we understand this is a negotiation, where both sides will need to give and take. As the PM said, our task, together with our European partners, is to deliver a Brexit that works for the UK and for the EU. A partnership that protects supply chains and established trade relationships that backs businesses, safeguards jobs and promotes the shared European values that we all hold.

And the first step will be delivering on the Implementation Period which was agreed as a fundamental part of the deal on Withdrawal issues that we did in December and which we expect to be formalised at the March European Council meeting. This Implementation Period is essential if we – and by “we”, I mean all of us, businesses and citizens, in all 28 countries – are to benefit from a smooth pathway to a future partnership between the UK and the EU. Nowhere will this be more important than in Financial Services, where we must work together to avoid the potential risks to financial stability that could arise if we faced a cliff-edge in March 2019. But for the Implementation Period to deliver the smooth transition we all want to see, it needs to be effective.

That means our regulators working together so that businesses – especially regulated businesses – are able to plan on the basis of it. Giving full and meaningful effect to what we agreed in December delivering clarity and certainty to businesses and citizens across Europe.

The PM was clear in her speech that after we have left the EU, we’ll be outside the Single Market and the Customs Union but equally, we’ll be free to cooperate closely with partners, including the EU, where it is in our mutual interest to do so. Financial services is such an area where we can, and should, collaborate closely recognising that a future economic partnership will always need to ensure a fair balance of the rights and obligations associated with market access.

Today I want to build on the vision the Prime Minister delivered on Friday. I want to explain why it makes sense, for both the UK and the EU, that we continue to collaborate closely on cross-border financial services. I want to challenge the assertion that Financial Services cannot be part of a free trade agreement to set-out why it is in the interest of both the UK and the EU27 to ensure that EU businesses and citizens can continue to access the UK Financial Services hub and how this is not a zero-sum game, where any loss of market share in London is automatically a gain to another EU Capital. And I want to describe what a future financial services component of a comprehensive trade partnership agreement could look like.