A leading academic has claimed the possibility of an orderly Brexit is gradually increasing.

Simeon Djankov, Executive Director of the London School of Economics' (LSE) Financial Markets Group, updated his Brexit Readiness Score for this quarter and discovered the UK's current readiness stands at 22 out of 100.

This is a rapid increase from September, where he scored Britain's Brexit preparations at 9 out of 100.

He tracked the Government's progress in the negotiations from 0 to 100 in ten components.

The news comes as 25 Labour rebels seek to derail the Government's Brexit strategy by demanding Chancellor Philip Hammond reveals public documents outlining the impact leaving the European Union (EU) will have on the economy.

Mr. Djankov praised the deal the UK and the EU reached on protecting "EU professionals and self-sufficient citizens." This component explored Brexit's impact on visas and work requirements for EU nationals. The Government suggested stay-at-home parents and students have private health insurance or comprehensive sickness insurance.

"He scored the Government's progress with 6 out of 10, an increase from 2 out of 10 in September"

In this area, he scored the Government's progress with 6 out 10, an increase from 2 out of 10 in September.

He increased his Brexit Readiness Score here because of the December deal Britain and the EU reached to ensure EU citizens would enjoy the same rights as they did before Brexit.

The Government also removed the requirement for EU citizens to buy sickness insurance.

On the financial settlement the UK and the EU were meant to reach before proceeding with trade talks, Mr. Djankov gave the Government a score of 5 out of 10. He said they have achieved substantial progress in this area because of the Prime Minister's commitment to pay what it owes the trading bloc over a period of seven years.

He improved the Government's Brexit Readiness Score from 1 to 2 out of 10 in regard to the City of London. This component examines regulatory revisions necessary to guarantee the capital can adjust to a post-Brexit environment by changing operations involving passporting.

"Many banks feel less pressured to relocate abroad"


Djankov said many banks feel less pressured to relocate abroad because of the assurance that there would be a transition period after April 2019, the date Britain is due to leave the EU. The banking community feared a lack of a transition phase would disrupt their operations.

The academic increased the Government's Brexit Readiness Score from 0 to 3 points in his Erasmus Programme component. This scheme is designed to provide British students with the chance to gain work experience in the EU and reciprocate those rights in return.

He said the Government has improved its position here because of Theresa May's commitment in December to retain the UK's involvement in Erasmus.

On customs, ports and border points, the academic scored the Government with a 1, with no change since September.

He said this is because of the issue of a hard Irish border causing delays.

"Mr. Djankov gave the Government a 0 in each area"

In all other components like access to European markets, tax, the European Court of Justice and the EU Science Exchange, Mr. Djankov gave the Government a 0 in each area.

He said progress with negotiations over the European Court of Justice are being thwarted by the Prime Minister's insistence that its rulings cease after April 2019.

Mr. Djankov stressed the UK's involvement in European science programmes like Horizon 2020 will not be discussed until the second phase of negotiations begin.

Labour MP Chuka Umuna tweeted that he was one of the rebels involved in the letter to the Chancellor requesting an examination of public documents on Brexit.

The 25 MPs told The Guardian that the public have a right to know what leaving the EU will mean for families across the country.

This move follows Brexit Secretary David Davis' suggestion that his department carries out 58 sectoral analyses, despite informing Parliament they never existed.