• Bank of England warns EU over Brexit risk to financial stability: The Bank of England has issued its strongest warning yet to the EU that its lack of adequate planning for Brexit has created growing risks for almost £70tn of complex financial contracts. Threadneedle Street said the bloc had made only limited progress to protect the financial system and time was running out, with little more than six months before the UK is due to leave the EU. (The Guardian)
  • Brexit: Jean-Claude Juncker says chance of deal has increased: Top EU officials have expressed optimism that a Brexit deal can be struck by the end of the year. Jean-Claude Juncker, the head of the European Commission, said the chance of the UK and the EU reaching a deal has increased in the last few days and could be agreed by November. Meanwhile, European Council President Donald Tusk said an agreement was possible by the end of 2018. (BBC News)
  • Workers’ rights at risk after Brexit ‘even in event of deal’ – report: IPPR concludes that ‘non-regression clauses’ will not be enough to ensure protections remain in place. Workers’ rights are at risk once the UK leaves the EU even if a Brexit deal is struck, research by a leading thinktank has concluded. The UK and the EU are both expected to agree common minimum standards for working conditions as part of the post-Brexit deal, but the Institute for Public Policy Research warns that the non-regression clauses being proposed to ensure there will be no roll-back of rights will not be a strong enough protection for workers. (The Guardian)