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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessFollowing on from 08:59 bullet, the re-writing...>
UK: Following on from 08:59 bullet, the re-writing of the Withdrawal Agreement
Bill (WAB) seeking to 'legally prohibit' an extension to the transition period
would be in direct contradiction of the Withdrawal Agreement signed with the EU,
which facilitates such an extension.
- With international treaties taking precedence in the legal order, the effect
of prohibiting an extension in the WAB may be null-and-void, and would certainly
be challenged in the courts by anti-no dealers.
- This could set up what Johnson would term a 'people's government' vs. 'the
establishment' clash in the courts in 2020.
- A notable passage of the Conservative election manifesto read: "After Brexit
we also need to look at the broader aspects of our constitution: the
relationship between the government, parliament and the courts".
- Given this statement, Johnson's large majority, and his advisor Dominic
Cummings' preference for major reform (indeed revolution) to UK political
institutions, in 2020 the debate over a potential extension to transition period
could spill over into wider constitutional rancour.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.