UK issuance in 2021 hinges on knife-edge Brexit talks

Talks between the EU and the UK over their are future trading look to be coming to a head before the latter reaches the end of its transition agreement with the former on December 31. If the two can strike a deal, UK capital markets will be the first to feel the positive effects. Deal makers are hopeful of a surge in activity should an agreement be found but border chaos between the UK and EU earlier this week provided a sobering warning.