Irish Border Unacceptable to UK

Britain said it wants to avoid any physical border or customs checks with Ireland as part of any Brexit deal with the European Union, as tensions mount over the terms of the U.K.’s departure from the bloc.

British and European negotiators need to show “flexibility and imagination” to devise post-Brexit arrangements on the island of Ireland that preserve free movement of people and goods across the border, the Brexit Department said. The U.K. government is due to publish a document fleshing out its proposals at noon on Wednesday in London.

“The solution cannot be based on a precedent,” the department said. “But it’s right that as we shape the unprecedented model, we have some very clear principles. Top of our list is to agree upfront no physical border infrastructure — that would mean a return to the border posts of the past and is completely unacceptable to the U.K.”

Bloomberg

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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.