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

  • The Head of Brexit at KPMG has warned that some business are in denial over Brexit or are yet to full engage at board level either because they thought there was too much uncertainty and complexity or because following the general election they have “unrealistic views on the Brexit outcome”. Karen Briggs noted that “businesses need to urgently get on with the necessary planning” and urged businesses to “take a more proactive approach to shaping their own destiny”. (Independent)
  • European Council President Donald Tusk has dismissed Theresa May’s proposal to protect the rights of EU citizens living in the UK as falling “below our expectations and risks worsening the situation of citizens”. Theresa May had announced plans to give all EU citizens the right to stay in the UK following Brexit and to grant those resident for at least five years the same rights to welfare, pensions and education as UK citizens. Full details of the plans will not be released until Monday sparking criticism from some EU leaders that it her statements were vague and that details needed to be considered by the teams of negotiators. (Telegraph)
  • The president of the European Parliament Antonio Tajani has stated that the UK’s negotiating position is unclear following the general election result. He observed that he did not think the UK had a final position yet as the result could empower supporters of a “softer” Brexit as well as giving the UK a more “flexible” approach to negotiations. He noted that it was unclear whether the UK was seeking closer cooperation with the EU post Brexit similar to Norway or whether it was seeking to leave and have nothing further. (Independent)