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UK Could Face Legal Action over Pre-Brexit Trade Talks
September 20, 2016
Documents leaked to The Times show that UK Secretary for International Trade Liam Fox has received legal advice warning that the EU institutions and other EU member states could take Britain to EU court if Britain, prior to leaving the bloc, engages in preliminary trade talks with other countries negotiating a trade deal with the EU.
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UK Politicians Back Group Pushing for "Hard" Brexit
September 20, 2016
The Telegraph reports that a group of former British government ministers and other Members of Parliament are backing a new pressure group, called "Leave Means Leave," that will push for UK Prime Minister Theresa May to favor fully cutting ties with the EU rather than accepting new rules from Brussels and permitting freedom of movement from EU countries.
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Ex-Minister: TTIP Failure Boosts US-UK Trade Deal Prospects
September 20, 2016
Observing that negotiations over the Transatlantic Trade and Investment Partnership between the US and the EU "are not looking good," former UK Trade Minister Lord Francis Maude has called on British and US negotiators to use the underlying basis of the deal to come to a quick free trade deal between the countries following Brexit.
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Bank Chief: "Hard" Brexit Would Strip Passporting Rights
September 20, 2016
German Central Bank President Jens Weidmann has warned that UK banks will not be able to maintain their "passporting" rights, or the privilege to conduct operations across EU member states, if Britain does not remain at least in the European Economic Area, which would require acceptance of the free movement of people from the EU.
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UK Issues Veto Threat over EU Military Plans
September 20, 2016
Warning against "unnecessarily duplicating what we already have" in the North Atlantic Treaty Organization, British Defence Secretary Sir Michael Fallon has pledged to continue to halt plans for an EU "common military force" while his country remains a member of the bloc.