Skip to content
Sunday 16 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,750.11
-0.21%
DAX
26,440.31
+0.53%
CAC 40
8,636.80
-0.16%
STOXX 50
6,539.59
-0.09%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Thursday 23 February 2017 11:32 pm

Forget the noise about ‘Leavers’ and ‘Remainiacs’: There are reasons for hope as EU negotiations draw near

By: Iain Anderson

Add as a preferred source on Google

In just just a few days the UK will embark on one of the longest multilateral negotiations in its history as the Prime Minister invokes Article 50 and the process of withdrawal from the EU begins in earnest.

To read the headlines or remain glued to Twitter (an increasingly bad idea for my blood pressure), you would think we are heading towards years and years of angry debate where the terms of this ‘divorce’ just get worse and worse.

Of course before we even start formal negotiations, and I tend to think the UK government will not want to rush this at all – journalists need something to write about ‘Leavers’ and ‘Remainiacs’ need something to plot about.

Read more: Theresa May says Brexit talks will be done by March 2019

But let’s remember the commentariat is thankfully not in the negotiation room, and will never be in the negotiation room and their plotting is purely that. It is not substantial and really not helpful.

Earlier this month I was delighted to host the EPP MEPs who are members of the Parliament’s Economic and Monetary Affairs Committee on their visit to London. Remember the EPP? It is the European People’s Party in the European Parliament – the caucus that the Tories used to be a part of until 2009. It is the grouping that Angela Merkel’s CDU remains a part of. As we start this negotiation, it is a good place to start.

Read more: Goerge Osborne: Brexit talks will be "bitter"

For me, chairing an exchange of views with the MEPs from Germany, Poland, Ireland, Greece, the Netherlands, Hungary and Sweden and British businesses and inward investors, the most important thing was to maintain a positive mood in the room.

Anytime the conversation veered towards headlines and personalities I forcibly moved the conversation back to the substantive issues like the role of the City as the Europe’s capital market.

More than that, when the conversation with the MEPs and the business folks got tense – and it did – I cracked a joke that I hoped would not be ‘lost in translation’, and we rapidly moved on.

Read more: Is the blocking of the EU-Canada trade deal a bad sign for Britain?

We landed in a place where all the MEPs were talking about ensuring a win:win from the negotiations all round. Of course maintaining this posture will be hard to do but so far I think there are some really good signs. The PM is being methodical in her approach towards Brexit and actually so is chief EU negotiator Michel Barnier.

The language from Brexit secretary David Davis and chancellor Philip Hammond is increasingly similar on the key issues and is about achieving that win:win. Business is more relaxed that the government speaks in one place and in one way. I also noted that the chancellor and the Bank governor hosted the MEPs too.

The key thing throughout this process is to keep talking and that we continue to want to break bread with each other time and time again. We can. We must.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • International

Trending Articles

  • Grandparents fund university degrees to avoid inheritance tax net

  • Revolut chatbot goes rogue by charging users to cancel subscription

  • Brompton Bicycle sues former adviser for ‘professional negligence’

  • Revolut takes flight with launch of new airport lounges

  • Is the Zeekr 9X Super Hybrid the new luxury SUV to beat?

More from Morning Wire

  • Oil price falls but Trump and Iran clash on negotiations claim

    Markets
    Donald Trump smiling in a blue suit and tie with an American flag pin, US flag in background
  • Graduate start-ups require a new kind of office

    Partner
    High-resolution view of Halkin Street, showcasing the architectural details and vibrant urban atmosphere.
  • UK’s biggest pub firm probed over treatment of tenants

    Hospitality
    Stonegate street scene with historic architecture, bustling crowds, and local shops, capturing vibrant city life ambiance.
  • As it happened: Stocks jittery as oil nears $90; Trump ‘semi-negotiating’ with Iran

    FTSE 100 Live
    Large oil tanker navigating a strait under a cloudy sky, impacting oil prices and global trade.
  • Doctors union tops up £1m reserve pot for strikes

    Healthcare
    GettyImages 2246649047: Business professionals discussing strategy at a conference table, highlighting teamwork and collab...
  • As It Happened: Stocks dip as oil’s ‘slowing demand’ in focus; Iran threatens to extend war

    FTSE 100 Live
    People on a beach with cargo ships and a small boat in the Strait of Hormuz
  • Making free trade a reality: The UK-GCC strategic dialogue

    Partner
    Alexey Fedorenko credited image showing a relevant scene or subject matter related to the General news article content
  • Burnham’s devolution drive could ‘push 90,000 jobs out of London’

    Economics
    In 2022, rolling Tube strikes led to massive queues for crowded buses. (Photo by Chris J Ratcliffe/Getty Images)
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook