UK's Theresa May rejects pivot towards Brexit customs union compromise
Updated : February 11, 2019 09:26 AM IST
Britain is due to leave the EU on March 29 but has yet to find a deal which is acceptable to both Brussels and lawmakers at home, raising the prospect of a disorderly exit that could damage the world's fifth largest economy.
Brexit has divided Britain at every level from voters to the cabinet and raised fears internationally that it will weaken the West. Brexit supporters hail it as casting off a failing German-led project.
The EU has urged May to grasp Labour's compromise offer rather than press ahead with her preferred option of getting her own divided party onside by renegotiating a clause in the exit agreement relating to the Northern Irish border.
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morning
YOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more