1. Exquisite Tweets from @AlbertoNardelli

    PreoccupationsCollected by Preoccupations

    A few observations:

    1. Consistent message from EU27 over next few days: regardless of who is PM/asks to renegotiate, this is it on the withdrawal agreement - substance cannot be improved/changed

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    AlbertoNardelli

    Alberto Nardelli

    2. The withdrawal agreement is the “easy” bit. Trade talks will be far more difficult, complicated and take a lot longer. By the time they’re done, and a new relationship is fully in place, most of the 28 leaders at today’s #EUCO will no longer be in office.

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    AlbertoNardelli

    Alberto Nardelli

    3. It will be interesting to see this coming week how the UK models the economic impact of what it imagines to be the future trade relationship deal given May has acknowledged there cannot be frictionless trade within her red lines. Friction, less trade (and more barriers)

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    AlbertoNardelli

    Alberto Nardelli

    4. Finally, I hope, but doubt, the government will tell British voters in its impact assessment next week, the size of the economic hit that comes with ending freedom of movement of people. But am sure the @OBR_UK will do so in due course.

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    AlbertoNardelli

    Alberto Nardelli