Brexit and the transitional period

As Brexit negotiations continue, we bring you the latest news, developments and stakeholder reaction in our Brexit Bulletin.

This week, attention has turned firmly on what a transitional period following Brexit will look like:

• Whilst it looks likely that there will be a transitional period, it’s not certain what form this will take. Philip Hammond has been advocating for an ‘off-the-shelf’ transition, while statements from Number 10 have favoured a more bespoke approach. Labour’s approach to Brexit has been similarly confused.
• As a result of Liam Fox’s trip to the USA, a dispute broke out over whether a trade deal might allow chlorine-washed chicken to be imported. This highlights the complexity of international trade negotiations.
• Two new reports have been commissioned. Home Secretary Amber Rudd has commissioned a study of EU migration and the UK economy, and the new Chair of the Treasury Select Committee Nicky Morgan has asked the Bank of England to examine the impact on the City of London.
• Concerns about the border between Ireland and Northern Ireland have intensified, with the new Taioseach Leo Varadkar saying that he will not ‘design a border for the Brexiteers, rejecting suggestions that new technology could solve the problem.

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