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Britain to EU: Accept our Brexit plans for a relaxed Irish border or put peace at risk

“May has confirmed Britain will leave the customs union in March 2019, consequently putting the invisible border between Ireland and Northern Ireland at risk” writes Adam Payne for businessinsider.com.au. The implication being that, without these agreements being in place, there could be a risk to the peace process.Theresa May’s government challenges the EU to match its commitment to upholding the Good Friday peace agreement and Common Travel Area (CTA) — an open borders area comprising the UK and Northern Ireland. Source: businessinsider.com.au Share This:

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UK may have to pay EU in temporary customs union, Davis suggests

“Britain may have to pay the EU to participate in a temporary customs union after leaving the bloc, the Brexit secretary has suggested” writes Matthew Weaver for theguardian.com. He accused the Brexit secretary of working part-time, and said he had behaved in a “drunk, bullying and inappropriate” way towards the shadow home secretary, Diane Abbott. Source: theguardian.com Share This:

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Brexit means transition: May’s government wants a ‘temporary’ customs union deal after Brexit

“The government also wants to be able to negotiate trade deals with countries around the world during this proposed transitional period” writes Adam Payne for businessinsider.com.au. Members of the customs union are prohibited from negotiating their own trade deals with countries elsewhere in the world. Source: businessinsider.com.au Share This:

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Britain seeks temporary customs union with EU after Brexit – but faces fight from Brussels and Ireland

“The Brexit Secretary will on Tuesday publish a paper in which he agrees not to implement any new free trade deals until after an “interim” transition period” writes Deputy Political Editor for telegraph.co.uk. The document will state that Britain is seeking “freest and most frictionless possible trade in goods between the UK and the EU”. However Mr Davis will insist that the UK can use the time to formally negotiate and sign free trade deals with nations outside the EU that will be implemented afterwards. Source: telegraph.co.uk Share This:

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Just 29% of public wants May to keep job until next election

“Almost half of the public believes the Prime Minister should quit before the next scheduled general election in 2022, as dissatisfaction with her leadership remains high” writes Rob Merrick for independent.co.uk. But Liam Fox, the International Trade Secretary, made plain he would accept a transition period only if he is able to seek and sign trade deals with non-EU countries from day one. Source: independent.co.uk Share This:

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David Miliband calls for second EU referendum and praises ‘valiant’ Philip Hammond

“In an intervention which puts him at odds with Jeremy Corbyn, the Labour leader, he said the country should have the chance to vote on any Brexit deal in a second referendum with a straight choice between remaining in the EU and the negotiated alternative” writes Tom Welsh for telegraph.co.uk. He also describes Philip Hammond, the Chancellor, as “valiant”, saying his support for a Brexit transition deal is “vital”. Source: telegraph.co.uk Share This:

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Company faces EU clampdown for not paying ‘fair share’ of tax

“Many digital platforms operating in the EU have a base in Ireland, including Airbnb, where they can exploit a low corporation tax regime” writes Daniel Boffey for theguardian.com. Brussels will also advise on how best to deal with the so-called sharing economy, in which Airbnb is a major player.EU finance ministers will discuss how to force home-sharing platforms such as Airbnb to pay their fair share of taxes and in the right tax domains next month after the French minister for the economy described the current situation as “unacceptable”. Source: theguardian.com…

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BoE deputy governor issues warning over dangers of cliff-edge Brexit

“The PRA said it was analysing the responses on an individual basis, as well as collectively to assess any possible risks to the country’s financial stability” writes Ben Chapman for independent.co.uk. In his most strident comments so far on Brexit, Mr Woods, head of the UK’s top banking regulator, the Prudential Regulation Authority, warned that leaving the EU without a transitional deal in 2019 would cause “significant issues” for the country’s banks and could threaten financial stability.The PRA chief also warned that the regulator would have to take its eye off…

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