UK Government Agree ‘Divorce’ Deal

Market Update - December 2017 The UK Government managed to negotiate a ‘divorce’ deal with the European Union allowing trade talks to be the next topic of debate. Over in Europe, Merkel’s coalition discussions stumbled which could cause the need for a snap election and, in the US, growth was revised upwards and employment figures continued to improve. Brexit Since the UK voted to leave the European Union, EU officials have stated that trade discussions could not begin until a settlement had been reached for the commitments the UK made to the European Union budget. Theresa May originally offered approximately €20bn, but the EU stated that this was not sufficient to cover the UK’s budget oblig

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