Please see below for today’s key Brexit news items:

  1. Britain is on a collision course with the EU over fundamental elements of the Brexit transition, as London seeks to potentially extend the period while giving itself the power to reject new EU laws. A UK position paper, shared with Brussels this week, contains no end date for the transition although British officials maintain it is their intention to set one. The paper contradicts some key EU negotiating principles and raises the risk of failing to reach a transition deal before a March summit of EU leaders. (The Financial Times)
  2. The UK government believes it is on the brink of a deal to end months of deadlock with the Scottish and Welsh governments over an alleged “power grab” after Brexit. Ministers will offer to drop their controversial plans for Whitehall to take control over as many as 111 EU powers that Scottish and Welsh lawmakers insist should be handed over to them. (The Guardian)
  3. Theresa May is bracing for Unilever to choose the Netherlands over the UK for its new unified headquarters, after months of political pressure from both sides and amid an “emotional” atmosphere supercharged by Brexit. UK officials have held talks with Unilever amid fears at the top of government that the Anglo-Dutch consumer group is about to decide to have its main base in Rotterdam, rather than London. (The Financial Times)
  4. There are some in Jeremy Corbyn’s own Labour party who see him slowly shifting his position in favour of a second referendum on Britain’s decision to leave the European Union. One prominent voice is his pro-EU colleague Andrew Adonis. “My leader is moving crab-like in the direction of a referendum,” Adonis said in an interview. (Bloomberg)
  5. Britain’s largest house builder is considering relocating its construction block manufacturing operations from Germany to the UK to mitigate the possible impact of Brexit. Barratt Developments said that 90 per cent of its large format blocks used in residential projects are sourced from the UK but the remainder are imported from abroad – potentially leaving it vulnerable to a shortfall in materials post-Brexit. (The Independent)