The United Kingdom can “turn a corner” and start to “put its differences aside” if Parliament backs the proposed Brexit deal Prime minister Theresa May said in her New Year message.
New European Union rules on fishing quotas could have a grave impact on the UK's fishing industry, a House of Lords committee has said - just a day before the new policy is introduced. Under previous rules, crews often discarded, into the sea, fish that took them over their quota for that species. But under the new policy, fishers must bring the full haul back to shore. This change is to stop fish being wasted.
The Defense Secretary has said the UK could establish new military bases in the Caribbean and the Far East. Gavin Williamson has told the Sunday Telegraph it would allow Britain to become a true global player following Brexit.
Parliament must be given a veto over any trade deals the UK signs after Brexit, a committee of MPs has urged. Ministers hope to begin negotiating deals with key partners once the UK leaves the EU in March and start implementing them from 2021 onwards.
The Royal Bank of Scotland has applied for a German banking license to help it retain clients in the European Union in the event of a no-deal Brexit. The move applies to all its subsidiaries, but would only affect NatWest, which trades across the bloc.
The Queen will say in her Christmas Day broadcast that the Christian message of “peace on earth and goodwill to all” is “needed as much as ever”. She will say the message is “never out of date” and can be “heeded by everyone”.
Vladimir Putin has urged Theresa May not to succumb to calls for a second referendum on Brexit. Speaking at his annual question and answer session with journalists, the Russian president questioned whether re-running a vote could be construed as democratic.
The Bank of England has kept interest rates on hold at 0.75% as it cautioned “intensified” Brexit uncertainties were slamming the brakes on UK growth. Policymakers on the Bank’s nine-strong Monetary Policy Committee (MPC) voted unanimously to keep rates unchanged in its last decision of 2018.
Another Brexit referendum will become a plausible way forward if there is deadlock in Parliament, Work and Pensions Secretary Amber Rudd has said. She told ITV's Peston show while she did not personally support another vote, the case for one would grow if MPs could not agree another solution.
The European Commission says it has started to implement its preparations for a no-deal Brexit - in case the UK leaves the EU without a plan. It has announced temporary measures to try to reduce the impact but says it cannot counter all the problems it expects.