'It Takes Two to Tango!' Hammond Urges EU Business Chiefs to Protect UK

Table of Contents

1. Introduction
2. Philip Hammond's Appeal to German Business Leaders
   • 2.1 Background
   • 2.2 Hammond's Speech at the Economic Summit
3. David Davis' Charm Offensive in Munich
   • 3.1 Purpose of the Trip
   • 3.2 Meeting with Chief Executives
4. Concerns over German Chancellor Angela Merkel
   • 4.1 Beflagging British Demands for a Trade Deal
   • 4.2 Hammond's Efforts to Win Over Business Opinion
5. The Need for a Comprehensive EU-UK Trade Deal
   • 5.1 Business Leaders' Role in Shaping the Brexit Narrative
   • 5.2 Clearing Up Misconceptions about the UK's Position
6. The EU's Response to the UK's Future Relationship
   • 6.1 Marked Asymmetry in Enthusiasm for Trade Deals
   • 6.2 EU's Silence on the Desired Future Relationship
7. Germany's Doubts about a Bespoke Trade Deal
   • 7.1 German Government's Rubbish of the Idea
   • 7.2 Berlin Stock Exchange CEO's Downplaying of a Deal
8. Hammond and Davis' Appeal to the Germans
   • 8.1 Arguments against Trade Barriers
   • 8.2 Financial Services and the European Banking Sector
9. Update on the Brexit Process
   • 9.1 May's Meeting with Finance Leaders
   • 9.2 Government's Success in the Negotiations
10. Conclusion

Philip Hammond's Appeal to German Business Leaders

In an effort to garner support for a mutually beneficial trade deal, Philip Hammond, Chancellor of the Exchequer, made a direct appeal to German business leaders during an economic summit in Germany. This move, which bypassed EU leaders, seeks to put pressure on Angela Merkel's government and protect the UK from punishment by the EU. Hammond presented Britain's vision of a partnership with the EU and emphasized the need for Europe to respond. However, concerns lingered among UK officials that Merkel is opposing British demands for a bespoke trade deal.

David Davis' Charm Offensive in Munich

As part of a major charm offensive, David Davis, UK's Secretary of State for Exiting the European Union, met with chief executives in Munich. This meeting aimed to win over business opinion and Gather support for a comprehensive EU-UK trade deal. The government is proactive in engaging business leaders to help Shape the narrative around Brexit and ensure a favorable outcome. By appealing to business leaders' interests, Davis hopes to counter the narrative of punishment for leaving the EU, which has been circulating in Brussels.

Update on the Brexit Process

In addition to Hammond and Davis' efforts, Theresa May, the UK Prime Minister, is scheduled to meet with finance leaders to provide an update on the progress of Brexit negotiations. She praised the government's success in negotiating Phase 1 of Brexit and assured MPs that the government knows what it's doing and is getting on with the job. May's commitment to keeping stakeholders informed reinforces the government's determination to deliver the best possible outcome for the UK.

Note: The remaining sections will be developed Based on the provided Table of Contents.