Theresa May invites ministers to read nearly-there Brexit text
[LONDON] UK Cabinet ministers have been invited to read the almost-complete draft of the Brexit withdrawal agreement, according to six people familiar with the situation.
Ministers have been invited into the Cabinet Office to read the draft text, six people familiar with the situation said. The text doesn't yet include the final clause on the Irish backstop, according to one of the people.
Prime Minister Theresa May told ministers on Tuesday to get up to speed on everything that's been agreed so far, according to one of the people.
Cabinet met on Tuesday and didn't reach an agreement as ministers were still discussing a fix for the Irish border issue. Ministers expect another Cabinet meeting to be called within days where Mrs May is likely to press them to sign off on her Brexit deal, people familiar with the situation said on Tuesday
BLOOMBERG
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
US Senate has agreement on Fisa reauthorisation, will vote on Friday night, Schumer says
US expects to finalise new Aukus trade exemptions in next 120 days
IMF concerned about debt, fiscal challenges facing low-income countries
Bank of Japan’s Ueda says ‘very likely’ to hike rates if inflation keeps rising
Colombian fund managers eye US$750 million fee bonanza after senators tweak pension bill
Fed survey cites inflation, US election as key financial stability risks