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FT: UK shifts Brexit focus for financial services sector

12 July 2018

Asked what he would do if the Brexit plan ended up limiting Britain's ability to conduct trade deals with non-EU countries, Fox said: "I don't believe it does".

With less than nine months to go, it is a long-delayed decision and has not been without its consequences - Davis and Foreign Secretary Boris Johnson resigned within hours of each other over a plan they said they could not defend.

"The people voted to break it up, so I imagine that's what they'll do", Trump told a news conference at the North Atlantic Treaty Organisation summit in Brussels. "But maybe they're taking a little bit of a different route, so I don't know if that's what they voted for".

May is pressing on with her Brexit plan, shrugging off the resignations of two senior ministers and the anger of eurosceptic lawmakers in her Conservative Party who have accused her of betraying her pledge of a clean break with the EU.

Britain voted for Brexit in June 2016, but May has so far been unable to present a common position to Brussels on what she wants because of deep divisions in her government.

Tory MPs yesterday said the Chequers Brexit plan looked like a Cabinet "sellout" and "capitulation" to the European Union, and suggested the plan was a ploy to keep the United Kingdom in the customs union.

A YouGov poll of 1,732 adults on July 10-11 showed the Labour Party on 39 percent and the Conservatives on 37 percent.

"There is no stronger alliance than that of our special relationship with the USA and there will be no alliance more important in the years ahead", May said ahead of the visit.

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Opposition lawmakers, backed by an online petition signed by almost 1.9 million people, called on May to cancel the state visit offered when she met Trump in Washington after his inauguration in January past year.

But just before take-off, Mr Trump insisted Britons "like me a lot" and "agree with me on immigration".

Gove told ITV he was "absolutely not" planning to resign. Market players will now focus not only on EU's response to the document but also on May's leadership and a possible no-confidence vote, after already skipping one shortly ago.

As thousands of people prepare to protest on the streets of London on Friday and as an inflatable blimp depicting him as a baby in a nappy is prepared to be flown above central London, Trump also claimed that he is in fact very popular in the country.

A campaign is also underway to get "American Idiot", a 2004 song by the US punk rock band Green Day, to the top of the UK Singles Chart.

"It may resolve the dilemma the prime minister faces". These will focus on relations with Russian Federation, trade, Brexit and the Middle East.

Mr Trump will then travel to Windsor Castle to meet the Queen before heading to Scotland for a private part of the four-day visit, ahead of travelling to Helsinki for a summit with Russian president Vladimir Putin.

The Sun, Britain's biggest-selling newspaper, said there had been "blunder after blunder" by May.

FT: UK shifts Brexit focus for financial services sector