The UK has published its approach to negotiating with the EU over their future relationship (see here
) and it would appear that it will not be participating in the UPC.
Whilst this may be seen by some to be part of a wider strategy and a negotiating tactic with the EU, it will be interesting to see what happens next with the UPC project. Undoubtedly, the UPC without the UK is less attractive to business.
Focus will undoubtedly shift to Germany, who have yet to ratify the agreement.