the highest point comes before the fall
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Brexit Update
Three and half years after what was initially a non-binding referendum, the UK has seen its way to leave the EU. The House of Commons passed the necessary legislation last week as Tories enjoys a parliamentary majority. The House of Lords takes up the measures now. Although the Conservatives do not have a majority and a vigorous debate is expected, the unelected body is most unlikely to block Brexit. What happens next? The UK will formally exit the EU at the end of the month. It enters an 11-month standstill phase. Nothing changes. The UK and the EU will negotiate their new trade relationship. Here is where the risks ... (full story)
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