FEDEE BREXIT BRIEFING

The EU has agreed to grant the United Kingdom an Article 50 extension until October the 31st 2019. The new deadline is conditional on the UK taking part in the European Parliament elections in May, otherwise it will leave the Union without a deal on June 1st. In any event, if a Brexit deal is achieved before October the 31st – as PM Theresa May hopes – the UK will depart on the 1st day of the following month.