Expert View
May’s deal deprives UK of massive source of investment funds...
Without unanimous agreement of other EU countries, UK will be cut off from European Investment Bank funds. These will be hard to replace.
Quitting EIB risks £13bn of investment per year
EIB funded channel tunnel. EIF, its sister organisation, provides a third of our venture capital. There’s so far no plan to fill the gap.
Weekly round-up: More positions, fewer migrants, canapes
InFacts looks back at all the Brexit developments in the week from August 19 to 25.
Budget row could torpedo Brexit talks
EU wants to hit UK with steep leaving bill of perhaps €60bn. Britain is adamant it won’t pay “huge sums”. Read our guide to the arguments.
Brexit threatens UK’s huge EIB loans
The UK has been a major beneficiary of European Investment Bank loans. Brexit could put future support at risk.