Skip to main content

The U.K.’s Accomplished Nothing Vis-à-Vis Brexit In Nine Months So Now They’ve Got Two Weeks

Maybe an even closer hard deadline will do the trick, but probably not.
  • Author:
  • Updated:
About the size of it. By European People's Party (Barnier-Daul) [CC BY 2.0], via Wikimedia Commons

About the size of it. By European People's Party (Barnier-Daul) [CC BY 2.0], via Wikimedia Commons

When we last checked in on the omnishambles that is the U.K.’s Brexit effort, things were not going so well. To be more precise, things weren’t really going at all, with “decisive steps forward” on some ancillary issues coupled with no progress at all on the real ones. The gravity of the situation had both Lloyd Blankfein and Prudential Regulation Authority chief Sam Woods worried, with the latter giving Theresa May & co. three months to get their shit together before said shit hit the fan.

That was a month ago, so you’d think that the Brits would still have a good two months to go before everything really falls apart. But, as it turns out, Sam Woods giving the government three months to hammer out some semblance of a plan was too generous, because Britain’s soon-to-be-former European partners want to see something in two weeks.

The U.K. has two-weeks to show the European Union that sufficient progress has been made on a trio of divorce issues for talks to move onto Britain’s future relationship with the bloc, the EU’s chief Brexit negotiator said Friday….

Mr. Barnier said “real and sincere” progress will be needed over the next 14 days.

“If that is not the case, then we will continue, and that will put back the opening of the discussions on the future,” Mr. Barnier said.

U.K. Given Two-Week Deadline on Key Brexit Divorce Issues [WSJ]
Pound Drops as U.K.’s Political Turmoil Grows [WSJ]


Photo: Getty Images

U.K. Prefers Empty, Comforting Brexit Mantras To Cold, Hard Reality

Theresa May & co. are upping their denial game in a big way, because they have nowhere else to go.

Like this but worse. By Anonymous [Public domain or Public domain], via Wikimedia Commons

For British Bankers, Brexit Might As Well Already Be Here

The pounds are very much not taking care of themselves.

By Robert Sharp / englishpen (Simon Singh Press Conference) [CC BY 2.0], via Wikimedia Commons

U.K. Brexit Chief May Need A Little More Time To Figure Out What Brexit Means

In spite of what his boss has been telling us, it may have multiple meanings.


Brexit Means Brexit, After All

You better bloody believe it, tossers!

Getty Images

Brexit Will Never End

The latest fantasy to be dashed is the one in which there’s actually a day on which the U.K. and EU’s divorce is finalized.

By EU2017EE Estonian Presidency (Theresa May) [CC BY 2.0], via Wikimedia Commons

Theresa May’s Got Three Months To Figure This Brexit Ish Out

Or to figure out some new, non-financial things for Britons to do.


Brexit: Still A Stupendously Bad Idea, Still Happening Anyway

No special deals for the City, three no-win options and Theresa May is still in charge.