• UK's Paymaster General Mordaunt: UK will not be extending Brexit transition period

Market news

9 June 2020

UK's Paymaster General Mordaunt: UK will not be extending Brexit transition period

  • Our policy on zero quotas and zero tariffs has not changed
  • Political declaration is not a treaty and so there will be differences of interpretation and the EU cannot be the referee
  • We cannot keep negotiating forever
  • We have to increase and escalate negotiations
  • We are working hard to deliver for financial services
  • We will make some progress when the EU accepts UK as sovereign nation


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