UK Brexit minister Davis with more hot air 5 Dec
- progress has been made
GBP suitably unfazed. GBPUSD 1.3420 after capping above 1.3440 EURGBP 0.8832 from 0.8824 GBPJPY 151.09
- suggestion that we leave one part of UK in customs union is not a consideration
- we must protect integrity of UK
- we want to protect common travel area and associated rights
- we can have alignment which gives similar results outside of the single market
- we are not going to take any off the shelf model from other countries for Brexit deal
So, no Norway/Swiss type deal then.
DUP deputy leader:
- we will not allow any settlement to be agreed that leads to divergence politically or economically of NI from UK
Meanwhile opposition party Labour's Brexit spokesman Starmer says:
- PM May should put single market and customs union back on table
- prospect of divisions in N Ireland is too high a price
- UK should drop the fixed date to leave EU
Progress? Hey who cares, any excuse to play my fave current band PSB
