THE pound has risen slightly against the the dollar as speculation mounts about Prime Minister Theresa May's keynote speech to the Tory conference in Manchester today.Today the UK currency was trading $1.3274 against the US dollar, up from yesterday's low of $1.3226.Monday saw the pound suffering its worst day against the dollar since the June 8 election due to anticipation of political announcements amid the Conservative annual conference.It fell by 0.7 per cent against the dollar, making it the under performer of all the G10 currencies.Prime Minister Theresa May will deliver the closing speech of the Conservative Party conference today with analysts expecting further details on the Government's plans to push forward with Brexit.The foreign exchange market is at a crossroad with uncertainty over the likely successor of US Federal Reserve Chair Janet Yellen whose term ends in February.CASH IN How to get the best deal on YOUR holiday money... We pay for your stories! Do you have a … [Read more...] about Pound to dollar exchange rate – sterling rises slightly against the US dollar as Theresa May Brexit speech looms
Theresa may brexit speech
THE EU has praised Theresa May’s “constructive spirit” after her Florence speech but Michel Barnier has criticised the lack of detail in the Brexit blueprint.Brussels’ chief negotiator welcomed the Prime Minister’s keynote address this afternoon but made a thinly-veiled dig ahead of talks resuming this week.In a statement he said: “The speech shows a willingness to move forward, as time is of the essence.”Repeating his claim there is just a year left to make progress he said: “We need to reach an agreement by autumn 2018 on the conditions of the United Kingdom's orderly withdrawal from the European Union."And he said the EU side would have to assess whether the Prime Minister's recognition that no member would have to "pay more or receive less" as a result of Brexit covered all the commitments made by the UK as a member state.Although he welcomed her words on the status of EU nationals once we leave as a “step forward” he said … [Read more...] about EU praises ‘constructive spirit’ of Theresa May’s Florence speech but Michel Barnier slaps down PM’s lack of detail in Brexit blueprint
THERESA May is set to make a landmark speech unveiling her vision for Britain outside the EU in a historic city today (Friday September 22). The Prime Minister hopes her words in Florence could be break a deal deadlock. Here is the lowdown on the crunch visit: Her big speech will come just three days before the crucial fourth round of divorce talks begin in Brussels.It will reportedly take place at around 2.15pm. It comes amid warnings that progress in talks on the UK’s exit have been too slow for discussions to move on to the question of a future trading relationship as Britain desires. Hoping to break the deadlock, No10 said the set piece would “update on Brexit negotiations so far” and it will “underline the Government’s wish for a deep and special partnership with the European Union once the UK leaves the EU”. Downing Street declined to discuss the content of Mrs May's speech, beyond saying that she will give an "update on Brexit … [Read more...] about When is Theresa May’s Brexit speech in Florence and what will the PM say about the UK’s future outside the EU?
THERESA May’s big Brexit speech on Tuesday must be bold, decisive and finally bury the baseless idea that she “has no plan”. Nothing will silence the Remoaners.But we hope the strategy is so clear, upbeat and ambitious it renders their campaign to dilute or even reverse the referendum result as irrelevant as it is obnoxious.Her negotiating demands must contain two red lines: full control of our borders and full control of our laws.As EU rules stand, that means leaving the single market — even if we do then negotiate free access to it.Leavers were well aware this was what they were voting for. It is the essence of Brexit, as the Remain camp themselves repeatedly pointed out.Quitting the customs union also looks probable to take advantage, as we must, of all the nations queuing up to strike independent free trade deals with us.Donald Trump’s team are working on theirs. New Zealand’s PM was in London yesterday discussing his.Let’s waste … [Read more...] about Theresa May’s Brexit speech must be bold enough to make the Remoaners’ campaign to reverse the referendum result irrelevant
THE Brexit vision Theresa May unveiled is so close to ours we couldn’t have written it any better. It was a magnificent, historic speech — a game-changer for Britain and for Brussels.It has been fashionable to sneer that the Government is in chaos with no exit plan. That the EU would dictate terms to us anyway.Some EU chiefs had convinced themselves that if they played hardball Britain would lose its bottle and decide to stay in.In 45 minutes Mrs May buried all three delusions and put us at the wheel of our own destiny.We are leaving. That’s that. No half-measures. If we cannot strike a decent deal we will walk away. Better no deal than a bad one, as the PM said.Brexit has several possible variations. The Prime Minister took the only logical course to satisfy the Leave majority, to take back control of our borders and laws and to set up a more prosperous future.Her speech was hugely ambitious, optimistic and crafted to appeal to every level-headed person in … [Read more...] about Theresa May’s Brexit speech was historic and a game-changer for Britain and Brussels
PRIME Minister Theresa May outlined demands which will make up the negotiations for a hard Brexit.She made a speech addressing the vision delivered as Britain leaves the EU over two years.The speech made by the PM was at Lancaster House, London, and it began a little after 11.45am on January 17.It was billed as one of the biggest speeches she made so far as Prime Minister.She spoke to an audience of ambassadors from the EU, and a crowd of journalists, eager for some concrete plans to report on.Mrs May outlined a hard Brexit plan for the country's split from EU institutions.As she laid down what the government wants from negotiations she pledged to build "a truly global Britain".Senior government sources revealed the PM has made two decisions which predict we will face a hard Brexit.She confirmed Britain is to leave the EU's single market and the intention to withdraw from the principle of free movement.She told an audience of EU ambassadors she still intends for the … [Read more...] about What did Theresa May’s Brexit speech reveal? What did she say and what are the UK’s plans for leaving the EU?
EU CHIEF Donald Tusk has praised Theresa May's Brexit speech as "realistic" after she vowed for a clean break with Europe which will take back control of our borders and laws.In a highly-anticipated speech in Lancaster House, the Prime Minister confirmed that Britain WOULD leave the Single Market after Brexit, and promised MPs a vote on the final EU deal.Mrs May said that any deal must mean we are able to "control the number of people who come to Britain from Europe" and promised she would deliver crucial changes to immigration rules.She said she did not want a "partial membership" of the European Union, associate membership of the European Union, or anything that leaves us half-in, half-out.And she promised MPs and peers a vote on the final Brexit deal - which sent the pound soaring. Read the full speech here.And not long afterwards, EU chief Mr Tusk tweeted his support for Mrs May's speech.The Brussels bigwig said he was "sad" about the UK's exit from the EU, but that … [Read more...] about EU chief praises Theresa May’s Brexit speech as she sets down red lines on immigration, exit of the single market – but MPs still get a vote and we’ll pay into the EU budget
EUROPEAN leaders backed some of Mrs May’s speech but stressed there will be no negotiations until we trigger Article 50.Germany boss Angela Merkel welcomed the “clarity” that Mrs May’s detailed 12 point plan provided, while repeating her longheld position of no negotiations until Mrs May formally triggers Article 50 EU exit talks.Italy’s finance minister Pier Carlo Padoan even echoed some of Mrs May’s warning to the EU that it must start changing.Europe has become a “problem” that has led to rising disaffection across the entire bloc, he warned, adding: “The problem with Europe, is Europe”.National bosses across the continent refused to repeat vicious attacks on her made by their countries’ newspapers.France’s Le Monde labelled Mrs May’s warning to walk away with no deal rather than accept a bad one as “blackmail”.And Spain’s El Pais accused the PM of being in “a state of denial if she … [Read more...] about European leaders hail parts of Theresa May’s Brexit speech as Italy’s finance minister calls for change
THERESA May declared that Britain plans to make a clean break from all of the EU’s institutions – as she laid down the gauntlet for a hard Brexit in the biggest speech of her career this morning.After six months of painstaking deliberations, the Prime Minister finally spelled out a list of 12 negotiating demands for our departure from Brussels.She delivered an address at Lancaster House which fired the starting gun for two years of high stakes brinkmanship.Mrs May revealed Brexit means leaving the Single Market and taking control of our borders – but that we could still pay into EU budgetAnd she has ruled out any sort of "partial membership" of the EU once we complete Brexit, and said Parliament will get a final vote on any deal Follow below for live updates from the event: … [Read more...] about Theresa May’s Brexit speech live – latest updates as PM reveals Brexit means leaving Single Market and taking control of our borders – but we could still pay into EU budget
Germany's political elite will come to together on Wednesday to discuss the future now that it has been confirmed that Britain will seek a near complete divorce from the European Union. In a major speechon the so-called Brexit on Tuesday, British Prime Minister Theresa May said that her country would leave the European common market, control immigration from the bloc, withdraw from EU legal jurisdiction and no longer pay "vast sums of money" to Brussels. In a statement immediately after May's address, German Foreign Minister Frank-Walter Steinmeier of the Social Democrats welcomed the fact that the Prime Minister had "finally brought a bit more clarity on Britain's plans." He also characterized May's statement that Britain wanted a "positive and constructive partnership with a strong EU" as "good." But he also stressed solidarity among the EU's other 27 members and said no Brexit negotiations would commence just yet. "Our position remains that … [Read more...] about German leaders to meet after May Brexit speech