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Over 50 local European Movement groups across the country supported the national European Movement Action Day on Saturday (9 December) to press for a proper vote on the final Brexit deal, which leaves open the option to remain in the EU.

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The European Movement UK has responded to the announcement that ‘sufficient progress’ has been made to enable a move to the next stage of Brexit negotiations between the UK and the EU.

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The European Movement UK welcomed the meeting of European Movement National Councils on Monday 4 December from the islands of Ireland and Britain to discuss the impact of Brexit on these islands, their people and the nations we represent.

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TOPLINE: A “disorderly Brexit” is now seen as almost inevitable by the world’s biggest banks — ranking on a par with a global cyber-attack as a threat to the international financial system, the City of London Corporation has warned. 

SUMMARY: In a letter to the chancellor sent on Friday, Catherine McGuinness, chairwoman of the policy and resources committee at the City’s ruling body, offers her “detailed observations on institutional concerns” following three days of meetings with Wall Street bosses and policymakers in New York and Washington DC. “Fears of a disorderly Brexit are increasing,” she writes. “There are concerns that US jobs and global financial stability are threatened.” 

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TOPLINE: The UK’s Brexit minister has rejected EU warnings that Northern Ireland may need to remain in Europe’s single market and customs union after Brexit, saying the government will not accept any solution to the border issue that threatens Britain’s “constitutional and economic integrity”.

SUMMARY: Speaking after two days of Brexit negotiations in Brussels that laid bare the gulf that remains on key divorce issues, David Davis said that “frank discussions” had been had with the European Commission on Ireland, while insisting that the question will only be solved once talks begin on a future EU-UK relationship.

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TOPLINE: Brussels is giving Britain two to three weeks to set out how much it is prepared to pay in the Brexit divorce settlement, warning that the EU will otherwise struggle to prepare this year for a transition deal the UK badly wants.

SUMMARY: According to the informal deadline, unless London makes a big financial offer this month, the bloc may be unable to adopt guidelines for the transition talks at a crucial summit in December.

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TOPLINE: In a letter to the Chancellor of the Exchequer, the UK House of Lords' EU Financial Affairs Sub-Committee is calling for urgent agreement of a post-Brexit standstill transition period for the financial services sector.

SUMMARY: The Committee wishes to bring the Chancellor's attention to the weight of evidence the Committee has received during its current inquiry into the future of financial regulation and supervision following Brexit.

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TOPLINE: The European Central Bank’s chief banking supervisor has said that about 20 banks have applied for European banking licences in the wake of the UK’s decision to quit the European Union.

SUMMARY: Danièle Nouy, head of the Single Supervisory Mechanism, said that the “very sad” decision by British citizens had led to more work for eurozone supervisors.

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