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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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UK Davis: Concrete Progress On Many Brexit Issues, Not On Sett
LONDON (MNI) - The UK and the European Union have made "concrete progress"
on a number of issues in recent talks, but stand apart on many others, a senior
Government minister said Tuesday.
Updating the House of Commons on talks over the summer period, David Davis,
Secretary of State for Exiting the EU, said there were still great differences
over issues such as the financial settlement.
Davis said there was an acceptance that both the UK and the EU will have
financial obligations to each other after Brexit, but at present, both sides had
a very different legal stance on the settlement position.
He also noted that the UK government had a duty on behalf of UK taxpayers
to question any EU financial claims "line by line."
Again trying to show that the UK was not the blocking partner on
negotiations, Davis repeated a recent comment from Prime Minister Theresa May,
saying the UK was "substantially more imaginative and pragmatic" in talks than
the EU.
More
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com
[TOPICS: M$B$$$,M$E$$$,MC$$$$,MI$$$$]
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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.