Economics

Brexit Bulletin: A Wiggly Red Line

  • U.K. climbs down on role of ECJ, saying it will have no ‘direct’ role
  • ECJ’s jurisdiction has been a sticking point in talks with EU

Photo Illustration: Tom Hall/Bloomberg

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Almost a year ago, U.K. Prime Minister Theresa May pledged to make Britain a “fully sovereign and independent country” free of the jurisdiction of the European Union’s highest court.