Will a Brexit Deal Be Reached by Late November?

Credit: One News Page Staff- Published 2 weeks ago
by 👨‍💻 Simon Baxendale

Yes – it’s time to head back to Brexit again, as the UK’s imminent divorce from the European Union continues to grow into the ever-complicated, headline-grabbing leviathan it’s promised to be. The UK has been at the center of world news for some time now with regard to how talks surrounding terms for the country leaving the EU have been going, and with Prime Minister Theresa May having received criticism from MPs in her own party over her proposed ‘Chequers’ plan for what will happen once all is said and done, the chance of getting a deal at all by the time March 2019 rolls around has been seeming a bit foggy.

However, Brexit Secretary Dominic Raab, who took over David Davis’ role after he abdicated from May’s cabinet over the Chequers plan, is confident that we will be seeing a deal materialize by the end of November. He has reportedly advised fellow MPs that November 21st, specifically, is expected to be ‘suitable’ for a deal to be made, though some are concerned that things simply aren’t moving quickly enough.


Brexit Settles On End Date

The sticking point for Brexit talks has been the idea of a border between Northern Ireland and the Irish Republic, as a divorce from the EU could mean that border controls – a hard border – are put back in place. Raab, however, has been keen to suggest that both parties are not far from reaching an agreement on a temporary customs arrangement with the EU. “We have resolved most of the issues and we are building up together what the future relationship should look like and making real progress,” Raab has affirmed.

However, Brexit officials seem less keen to nail down a date for a deal to be reached. They have recently advised that no concrete deal has been broken through on recently, and that the 21st November remains an ‘aspirational’ benchmark. Both sides are keen to find an agreement towards the end of the year in preparation for the Brexit process to begin as of March 2019, which will lead the UK to enter into a two-year transition period before all ties – or maybe only some – will be severed. With May having implied the possibility of an extension to the transition period, too, Brexit remains as complex and as frustrating for British citizens more so than ever – no matter which side they may have voted for in the fateful referendum.

Advertisement

Recent related news from verified sources

4.55am EST04:55 Ridge asks about Would possibly’s long term – says it’s placing by way of a thread. Would possibly says that if 48 letters are reached...
3 hours ago • The News Articles

Analysts at ANZ New Zealand Bank Limited explained they key themes for currencies today. *Key Quotes:* "The UK appears to be inching closer to achieving a...
5 days ago • FXstreet.com

According to analysts at Danske Bank, focus today remains on Brexit, as Theresa May is scheduled to meet with her cabinet at 15:00 CET to discuss the draft...
4 days ago • FXstreet.com

Comments are crossing the wires, via Reuters, by the former UK Foreign Secretary Boris Johnson, as he says that *a Brexit deal* will be reached but it will mean...
5 days ago • FXstreet.com

You might like