"The long expected detailed proposal for the relationship between the UK and EU after Brexit is a welcome step as it will provide clarity for businesses and people across the UK.

"Without having examined the text yet only some general observations can be made. It appears that the UK will effectively remain part of the Customs Union other than in name and that the Single Market acquis on manufactured goods, agricultural products and general rules pertaining to markets will be maintained.

"The UK will also commit to mirror future developments of EU law in these areas. If accepted by the EU, this would be good news for manufacturing firms, such as Rolls Royce, Airbus, Jaguar Land Rover and Nissan and will protect the economies of central and northern regions. It will also resolve the Northern Ireland border issue.

"But it will do nothing to preserve the success of the financial services sector and London's position as the world's most prominent financial centre."

Dr Andreas Kokkinis, Assistant Professor, School of Law, University of Warwick

To interivew Dr Kokkinis or for more information contact Nicola Jones, Media Relations Manager, University of Warwick N.Jones.1@warwick.ac.uk or 07920531221

For more information contact Nicola Jones, Media Relations Manager, University of Warwick N.Jones.1@warwick.ac.uk or 07920531221