Pound jumps on report U.K. will stay in customs union beyond 2021

Britain will tell the European Union it is prepared to stay in the customs union beyond 2021, The Daily Telegraph reported, without attribution. The U.K. is trying to avoid a so-called hard border with Irela.....»»

The pound jumped Thursday after a report that the U.K. government plans to stay in a customs union and avoid a hard border with Ireland......»»

Reuters Theresa May and her Cabinet are reportedly ready to stay in the customs union beyond 2021. The extension would g.....»»

U.K. stocks rose for a third straight session on Thursday, as traders largely ignored a rally in the pound and instead welcomed reports that Britain plans to stay in the customs union after Brexit......»»

Trade with the European Union plunged in the first quarter after the U.K. exited the customs bloc, according to data released on Tuesday......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

UBS's Sergio Ermotti wants to remain as chief executive of Switzerland's biggest bank until 2021, Swiss website Finews reported on Monday, citing unnamed sources......»»

The British pound rose to a nearly two-month high on Friday as a report gave some hopes that the U.K. could leave the European Union in a negotiated manner......»»

WPA / Getty Theresa May and her team "will not be crying into our beer" if they are forced to stay in a cust.....»»

BBC Chief Brexiteer Michael Gove warns Theresa May against delaying Britain's exit from the customs union. Conservative MPs have suggested that Britain should stay in the customs union for months after the transition.....»»

Lawmakers scrutinizing Britain's exit from the European Union say progress in trade talks with the bloc is "highly unsatisfactory," and that the country may have to stay in the tariff-free EU customs union for years after Brexit......»»

Britain's government cannot accept a plan put forward by pro-European Union rebels in parliament that could see Britain stay in the bloc's customs union, junior trade minister George Hollingbery told parliament on Tuesday......»»

Cable is back above 1.31 (up 100 pips off the lows) after UK PM Theresa May managed to fend off an attempt by pro-EU Conservative rebels to force her to stay in a customs union with the bloc after.....»»

Reuters Theresa May narrowly avoids def.....»»

The British pound jumped sharply Wednesday after the European Union's top Brexit negotiator said the bloc was willing to offer the U.K. an unprecedented partnership. "We are prepared to offer a partnership with Britain such as h.....»»

The British pound surged versus the U.S. dollar on Monday following comments from European Union chief negotiator Michel Barnier that a Brexit deal was possible within six to eight weeks, according to a Bloomberg report. The U......»»

The euphoria following the late report that Italy's government had bowed to pressure from the European Union to trim its budget-deficit target, when Corriere della Sera reported that Rome would seek to contain its budget deficit at 2% in 2021, down from.....»»

The British pound spiked, briefly trading above $1.31, on Friday after Bloomberg reported that the European Union was willing to offer the U.K. a "super.....»»

The British pound jumped against the U.S. dollar on Thursday after a report that the U.K. has reached.....»»

The pound, known as sterling, is sharply higher after a report that a deal could be in the works for U.K. banks to keep operating in the European Union after Brexit kicks in......»»