• Theresa May has defended customs Brexit backstop – A “backstop” plan to keep the UK aligned with the EU’s customs union after 2020 would only apply “in a very limited set of circumstances”, Theresa May has said. The backstop plan will only be put in place if no decision is made between the UK’s two alternative proposals in respect of the UK’s membership of the EU’s customs union. This plan would see the UK match EU tariffs to avoid border check and will allow the UK to sign and implement its own trade deals (BBC News).
  • Scotland independence – Nicola Sturgeon announced on Sunday that she would consider another vote for Scottish independence once the British government offers some certainty over Brexit. She stated that the Scottish National Party would not block another Brexit vote on any final deal (Reuters).
  • Brexit blamed for fall in UK business registrations – the number of French, Dutch and Belgian businesses registering in the UK has dramatically fallen since the Brexit vote. Companies House figures show that French companies registered 48% fewer business in the UK in 2016-2017 compared to the previous financial year, Belgian companies registered 38% fewer and the Netherland registered 52% fewer than in 2015-2016. OECD figures have also shown that foreign direct investment into the UK fell by 90% following a strong year in 2016 (The Guardian).