It would be funny if it did not feel so close to reality. As it currently stands, the next steps in the UK’s exit from the EU are precarious (yet again), which is also reflected in the market volatility around the value of...more
UK Prime Minister Boris Johnson Loses Majority In Parliament While Parliament Votes to Delay Brexit - On September 3, 2019, the Conservative party in the United Kingdom (“UK”) lost its majority in Parliament when Phillip...more
Earlier this year, we wrote about the state of Brexit negotiations in the United Kingdom, and concluded that “with just over a month to go until Brexit takes effect” it was still “bewilderingly unclear” what form Brexit would...more
On September 24, 2019, the UK’s Supreme Court handed down its judgment in relation to two separate appeals following Prime Minister Johnson’s decision to prorogue Parliament earlier this month. The Supreme Court unanimously...more
Background - The exit of the United Kingdom from the European Union is heading towards another periodic climax with the exit date currently set for 31 October 2019. The U.K. Supreme Court today held that the Prime...more
In the early hours of Sept. 5 the UK government conceded that it will not use delaying tactics in the House of Lords to block the passage of the bill designed to avert a "no deal" Brexit. The bill completed its House of...more
Man-of-the-people PM Boris Johnson is set to as the Queen to suspend parliament for 5 weeks in an attempt to squeeze the time for opposition to the October 31st Brexit deadline, a move that’s prompting concerns about a...more
The recent appointment of a new UK Prime Minister signals a new approach to Brexit negotiations with the EU. There are suggestions that the new administration has different views on the approach to the protection of...more
We were pretty sure that the Fed would keep interest rates steady as it wrapped its Open Market Committee meetings yesterday, and Fed Chair Powell delivered on that expectation. He also admitted that the same lack of...more
Monday, December 10 – Court of Justice of the European Union (CJEU) ruling on whether the United Kingdom can unilaterally revoke Article 50 (08:00 GMT); House of Commons debate on Brexit deal continues from around 15:30/16:30...more
The U.K. Prime Minister delivered her third major speech on the future partnership between the U.K. and the European Union following Brexit. In it, the Prime Minister restated the key elements and provided greater detail...more
On January 17, 2017, UK Prime Minister Theresa May delivered a speech in London outlining the government’s objectives for exiting the European Union (EU). She set out a “Plan for Britain”, including 12 priorities for the...more
As new British Prime Minister Theresa May assembles her new Cabinet, including a new Secretary of State for Exiting the European Union following the June 23, 2016 Brexit referendum outcome, the U.K.'s march forward to leave...more