The Swiss Government have announced that a trade agreement has been reached between the UK and Switzerland to “maintain existing economic and trade relations with the country after its departure from the European Union” whether or not a deal is reached with the EU. The Swiss Federal Council announced that if the UK leaves the EU in a disorderly manner, it could sign and apply the agreement from the date on which the UK leaves the EU.

Announcing the agreement, the Swiss Embassy tweeted that the agreement will “support existing commercial and economic relations between the two countries post-Brexit… regardless of the eventual Brexit scenario.” At least in one part of Europe, level heads are prevailing…