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UK Officials Plan Sweeping Tax Cuts in Case of No-Deal Brexit
February 08, 2019
The Express reports that the British government has put together plans, called “Project After,” for a range of domestic corporate and sales tax cuts and tariff reductions to boost economic growth in the case of a no-deal Brexit.
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Juncker: EU Will Not Renegotiate Brexit Deal with UK
February 07, 2019
In a statement this week, European Commission President Jean-Claude Juncker reiterated that the current Brexit Withdrawal Agreement “is the best and only deal possible” and “is not open for renegotiation,” indicating the EU is open to financial and other support for Ireland in the case of a no-deal Brexit.
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UK Labour Leader Offers Support for Brexit Deal with Customs Union
February 07, 2019
A letter from the head of the UK Labour Party Jeremy Corbyn offers the opposition party’s support for Prime Minister Theresa May’s EU withdrawal deal if the government makes a set of legally binding commitments, including a pledge to remain in a customs union with the EU and align the country with the bloc’s single market.
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EU Official Faces Criticism over Blocked Railroad Merger
February 07, 2019
AP reports that European Commissioner for Competition Margrethe Vestager’s decision to block a merger between French and German railroad companies has prompted criticism from both countries and calls from officials for a revision of EU antitrust rules to help European businesses compete with external companies, especially in China.
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Ireland Asks EU for Long-term Funding in Case of No-Deal Brexit
February 06, 2019
The Guardian reports that the Irish government is calling for long-term funding from the EU to offset the country’s predicted loss in food exports to Britain if the UK leaves the bloc without a deal at the end of March.
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