David Merritt, Athanasios Vamvakidis, global head of G10 FX strategy at Bank of America Merrill Lynch, and Michael Sneyd, global head of FX strategy and cross asset strategist at BNP Paribas, discuss comments from Foreign Secretary Boris Johnson on securing a Brexit customs union deal.
Just last year, Theresa May boldly asserted that the UK was “coming together” on the issue of Brexit. But with just 12 months to go to hash out a deal with the EU, Britain seems ever more divided. So much so, that one columnist has even ironically suggested that the kingdom should split into two separate countries in March next year - Remania for those that want to stay with Brussels, and Brexitland for those keen to cut the ties. Our team went to find out what the electorate wants.
Theresa May acknowledged in her speech today that Britain will have less access to EU markets after Brexit. However, she also asked for some special rules to apply to the UK after Brexit. Meanwhile, Brussels says it will not accept cherry-picking.