Brexit: Germany no longer pushing for detailed future plan? Report of Change Denied.

From Bloomberg - Germany and U.K. Drop Key Brexit Ask, Easing Path to Deal

"The shift means that widespread opposition to U.K. Prime Minister Theresa May’s proposal for the future relationship -- known as the Chequers plan -- isn’t necessarily an obstacle to getting a divorce deal. That’s because Brexit is being done in two parts: first the separation agreement to make sure the exit is orderly, and then the future trade accord, which won’t be negotiated until after the U.K. leaves".

This report was later denied - https://www.bbc.co.uk/news/business-45425712


From BBC News:

"Sterling rose nearly 1% against the US currency and 0.5% against the euro after the reports on Bloomberg News.

However, the pound later gave up some of its gains after London and Berlin both denied there had been any change.

The agency said the German government was ready to accept a less detailed agreement on future UK-EU trade ties.

The UK and Germany both denied any movement, while analysts warned the EU's stance was not decided by Berlin.

"Germany does not - despite its clear dominance of the bloc economically - actually speak for the EU position," said Neil Wilson, chief market analyst at Markets.com,

"[Chief EU negotiator] Michel Barnier may well have something to say about this report. As might Theresa May," he added".

See also:


U.K. Proposes Seasonal Worker Trial for Non-EU Farm Labourers