The May administration needs to seek a fresh fallback option for Halloween Brexit.

Peter Prince

2019-05-15 12:32:00 Wed ET

The May administration needs to seek a fresh fallback option for Halloween Brexit. After the House of Commons rejects Brexit proposals from the May administration at least 3 times, the E.U. agrees to the subsequent May request of a long extension of Brexit to late-October 2019. The Brexit bill or withdrawal agreement may involve a gross amount of €100 billion. Net of some U.K. assets, the final bill would involve about €55 billion to €75 billion. The key withdrawal transfer funds can contribute to better British health care, social welfare, infrastructure, taxation, and other aspects of public finance. In the prior Brexit referendum, supportive sentiments arise from a wide variety of socioeconomic factors such as the European sovereign debt crisis, immigration, terrorism, and E.U. bureaucracy. Also, Britons primarily use the British pound, so the U.K. has never been part of the E.U. monetary union.

However, Brexit may be detrimental to cross-border trade for the U.K. because the Eurozone remains the primary trade bloc to the country. When the European Union affirms a long extension to Halloween Brexit, the U.K. prime minister Theresa May either gives up her public governance role or seeks a fresh fallback option.

 


If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.

Blog+More
The Trump administration still expects to reach a Sino-U.S. trade agreement with better intellectual property protection and enforcement.
Apple Boston

2019-05-11 10:28:00 Saturday ET

The Trump administration still expects to reach a Sino-U.S. trade agreement with better intellectual property protection and enforcement.

The Trump administration still expects to reach a Sino-U.S. trade agreement with a better mechanism for intellectual property protection and enforcement. Pr

+See More
New York Fed CEO John Williams sees no need to raise the interest rate unless economic growth or inflation rises to a high gear.
Joseph Corr

2019-02-28 12:39:00 Thursday ET

New York Fed CEO John Williams sees no need to raise the interest rate unless economic growth or inflation rises to a high gear.

New York Fed CEO John Williams sees no need to raise the interest rate unless economic growth or inflation rises to a high gear. After raising the interest

+See More
Several feasible near-term reforms can substantially narrow the scope for global tax avoidance by closing information loopholes.
Apple Boston

2021-03-17 20:35:00 Wednesday ET

Several feasible near-term reforms can substantially narrow the scope for global tax avoidance by closing information loopholes.

Several feasible near-term reforms can substantially narrow the scope for global tax avoidance by closing information loopholes. Thomas Pogge and Krishen

+See More
Treasury Secretary Steve Mnuchin has released a 147-page report on U.S. financial deregulation.
Peter Prince

2017-05-25 08:35:00 Thursday ET

Treasury Secretary Steve Mnuchin has released a 147-page report on U.S. financial deregulation.

Treasury Secretary Steve Mnuchin has released a 147-page report on financial deregulation under the Trump administration. This financial deregulation seeks

+See More
Spotify considers directly selling its shares to the retail public with no underwriter involvement.
Rose Prince

2018-01-08 10:37:00 Monday ET

Spotify considers directly selling its shares to the retail public with no underwriter involvement.

Spotify considers directly selling its shares to the retail public with no underwriter involvement. The music-streaming company plans a direct list on NYSE

+See More
A congressional division between Democrats and Republicans can cause ripple effects on Trump economic reforms.
Becky Berkman

2018-11-29 11:33:00 Thursday ET

A congressional division between Democrats and Republicans can cause ripple effects on Trump economic reforms.

A congressional division between Democrats and Republicans can cause ripple effects on Trump economic reforms. As Democrats have successfully flipped the Ho

+See More