UK | Investment
Monthly Review - November 2018
UK Economic Briefing - November 2018A draft Brexit deal was agreed on 14 November by UK and EU officials. The draft deal agreement paves the way for an emergency European Council summit on 25 November and a vote in the UK Parliament before Christmas.
- The declaration essentially seeks to preserve the existing EU-UK trade flows in goods by establishing a single customs territory, a much closer relationship between the EU and UK on services and investment and an equivalence arrangement for financial services.
- Theresa May needs 320 votes to pass the deal in the House of Commons. If the deal is rejected, we could see a number of possible scenarios play out.