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May ends impasse in Brexit talks, real arguments can begin now

Moody's downgrades UK's rating on Brexit and growth fears

Tim Ross Ian Wishart & Simon Kennedy | Bloomberg 

Britain and the European Union are set to resume Brexit negotiations next week after UK Prime Minister Theresa May broke the stalemate in the hope that the real arguments can now begin.   In a major speech on Friday that drew guarded praise from Brussels, May signaled for the first time that she’ll be ready to discuss the amount of money the UK will owe to the EU when it departs the bloc in 2019.   Her prize is the opportunity to push talks nearer to the future trading relationship between the UK and the EU, and her offer is a two-year transition phase. The coming round ...

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First Published: Sat, September 23 2017. 22:17 IST