Machinery for Brexit to start churning before end of March
London
THE phoney political war is over and the two-year Brexit negotiations will be allowed to start before the end of this month.
After to-ing and fro-ing between the elected members of the House of Commons and unelected members of the House of Lords, the Brexit Bill has been passed and Article 50 of the Lisbon Treaty of the European Union (EU) will be triggered, setting off the process of the withdrawal of the United Kingdom (UK) from the EU. Proposed amendments to the Bill were defeated, as parliamentarians who favoured "remain" decided that, following nine months of haggling after the referendum, that the democratic will of the people could not be quashed.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Vietnam tycoon appeals against US$27 billion fraud death sentence
US announces new restrictions on firearm exports
Central banks will probably only cut half as much as they hiked
US consumer sentiment falls as inflation expectations climb
HSBC wins £1.3 billion suit over Disney film finance scandal
WTO countries to reboot dispute reform negotiations