Reuters

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Sterling sinks after MPs reject way to prevent no-deal Brexit

LONDON (Reuters) – Sterling fell sharply on Tuesday after British lawmakers voted down a proposal in parliament that could have prevented a potentially chaotic “no-deal” Brexit. FILE PHOTO: UK pound coins plunge into water coloured with the European Union flag colours in this illustration picture, October 26, 2017. REUTERS/Dado RuvicWith two months left until Britain…

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British lawmakers instruct May to change Brexit deal; EU says ‘No’

LONDON (Reuters) – British lawmakers on Tuesday instructed Prime Minister Theresa May to reopen a Brexit treaty with the European Union to replace a controversial Irish border arrangement – and promptly received a flat rejection from Brussels. Two weeks after overwhelmingly rejecting May’s Brexit deal, parliament backed a proposal intended to send her back to…

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EU’s Tusk says Brexit “backstop” not renegotiable

BRUSSELS (Reuters) – European Council President Donald Tusk said the EU-UK divorce deal was not up for renegotiation after Britain’s parliament on Tuesday voted to replace the Irish “backstop” border arrangement contained in it with unspecified “alternative arrangements”. European Council President Donald Tusk attends a signing of a new agreement on bilateral cooperation and integration,…

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British backstop demand reneges on commitments – Irish minister

Ireland’s European Affairs Minister Helen McEntee speaks during an interview with Reuters at Government Buildings in Dublin, Ireland, December 6, 2017. REUTERS/Clodagh KilcoyneDUBLIN (Reuters) – British Prime Minister Theresa May’s demand for binding changes to a Brexit arrangement for the Irish border known as the “backstop” amounts to reneging on her government’s commitments, Ireland’s European…