The pound has fallen below US$1.29 for the first time in almost a year on continuing worries Britain will leave the EU without a trade deal. Sterling also hit a nine-month low against the euro, and was down against the yen and Swiss franc.
Liam Fox says the chance of a no-deal Brexit is growing, blaming the intransigence of the European Commission. The international trade secretary and Brexiteer put the chance of failing to come to an agreement at 60-40. He told the Sunday Times that Brussels' chief negotiator had dismissed the UK's Chequers proposals simply because we have never done it before.
British Prime Minister Theresa May has narrowly survived another crunch Brexit vote in parliament, as she struggles to unify her divided party around her strategy for leaving the European Union.
Tens of thousands of people have marched on Saturday in central London to demand a final vote on any UK exit deal, on the second anniversary of the Brexit vote. Organizers of the People's Vote march say Brexit is not a done deal and people must make their voices heard. Meanwhile, hundreds attended a pro-Brexit counter-protest. It came as senior Cabinet ministers, including Liam Fox and David Davis, insisted the UK is prepared to walk away from talks without an agreement.
Anti-Brexit campaigners who want the public to have the final say on the UK's departure will take to the streets later on Saturday to argue it is “not a done deal”. The London march comes on the two year anniversary of the 2016 vote to leave. People's Vote, which wants a referendum on any exit deal, said people must make their “voices heard” about the damage of leaving next year without agreement.
Theresa May has welcomed the passing of the Brexit bill through Parliament as a crucial step in delivering a smooth and orderly Brexit. Peers accepted the amendment to the EU (Withdrawal) Bill sent to them from the House of Commons, meaning the bill now goes for Royal Assent, becoming law.
Theresa May has been hit with fresh Conservative attacks on her leadership as she attempts to steer the UK through Brexit. Former Cabinet Minister Priti Patel accused the Prime Minister and Chancellor Philip Hammond of “negativity” as they attempt to lead the country out of the European Union.
The United Kingdom's International Trade Secretary, Dr Liam Fox, named a new Trade Commissioner to champion British trade with Latin America and the Caribbean, as the UK prepares for future trade agreements with countries around the world.
British Prime Minister Theresa May could bow to Parliamentary pressure to keep Britain in a customs union with the European Union after Brexit. Following a defeat in the House of Lords and reports that a number of Tory MPs will vote in favor of membership in the Commons, the Prime Minister and her team are reported to be having a rethink.
The EU's Brexit negotiator has said he sees the process as an opportunity to “teach the British people and others what leaving the EU means”. Michel Barnier said he would never resort to blackmail but saw it as his job to “educate” the UK about the price it would pay for leaving the EU “club”.