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ARTICLE · 31 JULY 2019

Brexit – Here We Go Again

Squire Patton Boggs LLP
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The new Prime Minister of the UK, Boris Johnson, has taken up office following his decisive (66% : 34%) victory in the contest among Conservative Party

European UnionGovernment, Public Sector
Matthew Kirk
Matthew Kirk
Jeremy Cape
Jeremy Cape

The new Prime Minister of the UK, Boris Johnson, has taken up office following his decisive (66% : 34%) victory in the contest among Conservative Party members who were presented with a choice between him and the Foreign Secretary, Jeremy Hunt. He promised during the campaign to take the UK out of the EU by 31 October (when the extension to the Article 50 Brexit process expires) "do or die". In his first speech as PM, he again underlined his determination that the UK should leave the EU by 31 October. He said that his intention was that this should be with a new deal – "no deal" was a remote possibility which would only happen if the EU refused to negotiate. But it was right to intensify preparations for "no deal", which could be lubricated by retaining the £39 billion financial settlement previously agreed with the EU.

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