LEAKED EU documents revealed the bloc could hold the City of London financial sector hostage

City of London

BREAKING BRITANNIA NEWS

As UK ministers bow from EU meetings, her intervention comes.

“However, we could make it complex if we are inconsistent. It’s impossible to imagine a trading system that is new in 11 months that would need a normative framework that is distinct . It’s not realistic. So we are going to deal with realistic things.”

The Government has reaffirmed its commitment after Brexit, insisting the nation must have the ability to diverge in the EU’s rulebook.

Privately officials and diplomats have been shocked by the unprecedented nature of the requirements.
In a sign that Brussels will insist on a approach to trade, early briefings have shown the bloc will require Britain continues to follow its rules and regulations in areas such as environmental standards, state aid and workers’ rights.
A leaked negotiating record states the bloc could demand to”ensure consistent interpretation of the agreement and secure the role of the ECJ in this respect”.

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New proposals briefed to EU capitals indicates Michel Barnier will insist that there’s a role for the European Court of Justice in policing a trade deal.
In a sign that Brussels will insist to trade on a approach, diplomatic briefings that were ancient have shown the bloc will require Britain continues to follow its rules and regulations in areas like environmental standards state aid and workers’ rights.

The UK leaves the EU at 11pm but talks on the future relationship are not expected to formally start until governments rubber-stamp their negotiating strategy late next month.

“I am here to reassert to my EU friends and colleagues that although we are leaving the EU we are not leaving Europe.
It’s a negotiation that is simple.
The French minister also derided Prime Minister Boris Johnson’s plans to wrap up a trade deal with Brussels by the end of the year, suggesting there is room in the”complex” discussions for a breakdown.

But they believe them necessary amid fears the UK could slash regulatory standards to undercut EU firms.

New proposals briefed to EU capitals suggests Michel Barnier will insist that a role is for the European Court of Justice in policing a trade deal.

EU affairs minister Amelie De Montchalin said the UK would be worse off after losing the support of Brussels in handling crucial trade negotiations. Her attack comes after leaked EU documents revealed the bloc could hold the City of London hostage by restricting its access to Europe’s financial markets unless the Government agrees to lift restrictions.

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She said:”Now we lose a partner. I feel the UK will lose a whole lot of support. . .with trade discussions in which the UK will be lonely now. We are losing the fact we’re able here to function as partners in the exact same room.”
The UK leaves the EU at 11pm on Friday but talks about the future relationship aren’t expected to officially start next month, until their negotiating strategy is rubber-stamped by governments.

A leaked negotiating record says the bloc could demand to”ensure consistent interpretation of this agreement and secure the role of the ECJ in this respect”.

Europe minister Christopher Pincher said he was attending the gathering to guarantee the EU27 which Britain will continue as a valuable partner.

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