The European Union on Wednesday published the draft legal text that will form the basis for the Brexit divorce treaty. It’s explosive, and includes a fallback option for Northern Ireland to remain in the customs union with a border between the province and the rest of the U.K.
That was swiftly rejected by Prime Minister Theresa May. “No U.K. prime minister could ever agree to it,” she said of the EU text, which she argued “would, if implemented, undermine the U.K. common market and threaten the constitutional integrity of the U.K. by creating a customs and regulatory border down the Irish Sea.”
We will be following developments here in real time, including a speech by former Prime Minister John Major. Time stamps are London…
Read more : Bloomberg, 28.02.2018