Uk – Brexit Update

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Flash Note

• Theresa May’s cabinet has approved her divorce deal with the European Union (EU). A few cabinet secretaries have resigned, including Brexit Secretary Dominic Raab because the deal keeps the UK in a transitory ‘customs union’ with the EU, which in his view continues to give the EU too much influence on UK affairs.
• The next step is formal approval of the deal by EU leaders at a 25 November summit.
• The biggest challenge facing May’s deal is UK parliamentary approval by mid December as the ‘hard Brexiteers’ within the Conservative party oppose it. The Labour party also rejects the deal and wants new elections instead, even though a small group of Labour members of parliament (MP) could dissent and vote their approval.