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UK Loses First Round of Brexit Talks to EU Bloc


June, 20 2017
watermark Economic news

The EU bloc dominated the first round of Brexit negotiations as UK officials cowered and retreated as EU’s chief negotiator cautioned that the British government will be dealing with substantial consequences should they chose to completely remove themselves from the union. UK PM Theresa May has already consented to the EU’s terms and conditions during the first day of the talks, although they have yet to discuss the trade deals between the European common market and Britain. However, EU chief negotiator Michel Barnier warned the UK bloc that this process would be a slow and arduous one, a complete antitheses to May’s hopes of a quick conclusion to the free trade agreement between the two blocs.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.