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Brexit Bulletin: Exit Music

Brexit Bulletin: Exit Music

Days to Brexit: 2

(Bloomberg) --

What’s Happening? Members of the European Parliament are set to approve the Brexit deal, clearing the last obstacle to Britain’s departure.

In Brussels, the day was marked with emotional speeches and music as British MEPs packed up their offices into cardboard boxes. Even Nigel Farage says he’ll miss playing the pantomime villain. Over in London, attention is turning to the much more serious fights that will dominate the next 11 months: What Brexit actually means in practice is still far from decided.

The European Union and the U.K. face tough negotiations over subsidies, taxes, fish, and workers’ rights as they try to hammer out a post-Brexit trade deal by the year-end, as Ian Wishart and Jonathan Stearns explain here.

Brexit Bulletin: Exit Music

In the City of London, banks are gearing up for a beating as the government’s go-it-alone approach to Brexit threatens their access to European clients. The importance of this tussle goes way beyond Europe: U.S. firms such as Goldman Sachs and JPMorgan use the British capital as a hub for their European business.

How these battles turn out will determine just what kind of economy Boris Johnson wants to create now that Brexit is a certainty.

Beyond Brexit

Brexit in Brief

Losing Side | Matt Singh explains for Bloomberg Opinion why Brexit’s opponents lost the vote and the argument.

Confidence Returns? | House prices jumped the most in more than a year in January, reinforcing perceptions that the economy is gradually recovering after Johnson’s election victory.

Brexit Bulletin: Exit Music

Fish Fight | The government will introduce a law to take back control over British fishing waters after Brexit. The legislation will end the automatic rights to fish in U.K. waters that EU vessels currently enjoy.

Brexit Heart Break | Guardian columnist Raphael Behr writes about what having a heart attack taught him about Brexit.

Chart Toppers | It’s Beethoven versus the F-Bomb in the final Brexit music clash.

Want to keep up with Brexit?

You can follow us @Brexit on Twitter, and listen to Bloomberg Westminster every weekday.

To contact the editor responsible for this story: Chris Kay at ckay5@bloomberg.net

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