Brexit Bulletin: A Bigger Problem

U.K. Exports Not Reaping Benefit of Weaker Pound, RBC Says
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Today in Brexit: The U.K. cabinet is bitterly divided over Brexit, and the Irish border isn’t the only problem.

It’s tempting to think Prime Minister Theresa May’s only difficulty in the Brexit negotiations is to find a solution to the Irish border conundrum. After all, it’s the only substantial question left to resolve in the U.K.’s divorce treaty, which needs to be finalized within the next few weeks. But the inability to find answers may be a symptom of a wider problem.