May hails Brexit talks ‘progress’ but no breakthrough | 2019-02-22 | daily-sun.com

May hails Brexit talks ‘progress’ but no breakthrough

    21st February, 2019 09:51:51 printer

BRUSSELS: Prime Minister Theresa May said she had made “progress” in talks with the EU on Wednesday as she sought to extract concessions on the terms of Britain’s divorce, but as expected there was no major breakthrough, reports AFP.

With less than six weeks until Brexit day, May met European Commission president Jean-Claude Juncker hoping for movement on the “Irish backstop” issue—after EU leaders insisted they would not restart negotiations. Fears are growing that Britain could yet crash out without a deal, and there was fresh drama just before May headed to Brussels as three of her MPs resigned from her Conservative party in protest over Brexit to join a new independent group of lawmakers.

Citing the risk of a “hard” Brexit, ratings agency Fitch on Wednesday warned it could downgrade Britain, while the pound slipped against the US dollar.

 


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