EU must respect UK, says Theresa May as Brexit talks hit impasse

Earlier this week, May was left looking isolated after leaders told her to re-work her plans, and set her a deadline of next month to come back with new ideas

Theresa May hit back at the European Union for flatly rejecting her Brexit plans and demanded the bloc treat the U.K. with respect, as the stalemate in negotiations deepened.

The prime minister revived a warning that no deal is better than a bad deal on Friday, a day after EU leaders bluntly told her that her Brexit divorce blueprint won’t work. In a statement in London, May told them it was “not acceptable to simply reject” her plan.

The pound fell as much as 1.6 percent against the dollar, the most on a closing basis since June last year.

Earlier this week, May