IIFX Update: What is the Brexit Timeline?

What is in store for GBP during the coming days? Impress your friends, colleagues, and family with FACTS, not conjecture, about Brexit. I’m sure they will love it. More importantly for those with FX exposure, be aware of these dates and times – they all pose ‘headline’ risk for GBP. An update by Kevin Tullet.

This Week

Thursday 29^th HM Treasury Analysis:
Following an amendment to the Finance Bill last week, the Government will publish its comparative economic analysis on the following outcomes: the negotiated Withdrawal Agreement and Future Framework, a No-Deal scenario and the current terms of the UK’s membership of the EU.

Thursday 29^th FCA and Bank of England:

The Financial Conduct Authority (FCA) and the Bank of England will publish their impact assessments on the Withdraw Agreement and Future Framework Text.

Thursday 29^th Liaison Committee:

The Prime Minister is due to appear in front of the Commons Liaison Committee, on the subject of Brexit, at 09.00

W/C Monday 3rd December

Date TBC Campaigning for the deal:
Following the EU Council’s approval of the deal, the Prime Minister is due to hold a series of events throughout the UK, to seek endorsement and wider approval of the deal from the public

Monday 3rd Treasury Select Committee:
The Treasury Select Committee will hold its first session, as part of its inquiry into the Withdrawal Agreement and Future Framework. FCA Chief Executive Andrew Bailey will appear as a witness.

Tuesday 4th Treasury Select Committee:
The Treasury Select Committee will hold its second session, as part of its inquiry into the Withdrawal Agreement and Future Framework. Bank of England Governor Mark Carney will appear as a witness.

Date TBC Treasury Select Committee:
The Treasury Select Committee will hold its third session, as part of its inquiry into the Withdrawal Agreement and Future Framework. Chancellor Philip Hammond will appear as a witness.

Est. Sunday 9th Televised debate:
It is being reported that the Prime Minister is considering a television debate, with the Leader of the Opposition, on the subject of the negotiated Brexit deal. Reportedly, the debate could be held on the Sunday 9 December.

W/C Monday 10th December
Date TBC Treasury Select Committee:

The Treasury Select Committee will write to all MPs based on the evidence it has received before the House of Commons comes to vote on the Withdrawal Agreement

Tuesday 11th Dec Vote on Brexit Deal Estimated 22.00