Sterling rebounds with United Kingdom to 'concede' on single market


"There are many moving parts in it, there are many parties involved, and we're very confident we'll be able to move this forward", Hammond said as he arrived for a meeting with his European Union counterparts in Brussels.

The Chancellor said it was "inconceivable that we would walk away from obligations", regardless of the success or failure of the final negotiations.

Sterling rebounds with United Kingdom to 'concede' on single market
Sterling rebounds with United Kingdom to 'concede' on single market

Sterling edged towards an eight-day low on Wednesday as growing uncertainty over the progress on Brexit negotiations weighed on the British currency with some investors unwinding long positions after a recent rally. Also UK PM May says that more consultation is needed.

They once ruled out paying an exit bill.

#MeToo movement named TIME magazine's 2017 Person of the Year
Its story features women and men who have spoken out - including activist Tarana Burke , who started the hashtag 10 years ago. The Silence Breakers , or the #metoo movement , are named Time Person of the Year.

"By removing the leadership at such a crucial phase in the negotiations, hopes of progress and/or transitional deal would collapse and would not be taken well by the public that already has a very negative view of the government's handling of the negotiations", they wrote in a note.

For anyone who slept through Monday, the deadline set by the EU27 for the United Kingdom to make "sufficient progress" on the three key article 50 issues - the financial settlement, citizens' rights and the Irish border - in order to move on to phase two of the Brexit talks passed - and in fairly dramatic fashion.

That's nuts! Squirrel responsible for ruining Christmas lights in New Jersey
A squirrel was found to be responsible for cutting multiple Christmas light wires in a New Jersey town. The squirrel caused some holiday chaos after he chewed through the wires of the town's Christmas tree.

European Commission spokesman Margaritis Schinas told reporters that they "stand ready" for fresh talks with May "at any moment in time when London is ready".

They are the future of European Union citizens, the financial settlement and of course the Northern Ireland border.

Texas Cheerleader's 'Invisible Box Challenge' Goes Viral
AN AMERICAN cheerleader has gone viral after posting a video that appears to show her walking over an invisible box. We all know social media is a breeding ground for wild challenges, but this latest one is a head-scratcher.

"We have a common understanding on most of the relevant issues but there are some topics still open which will need further consultation and negotiations", Schinas said. The two sides will agree to maintaining "regulatory alignment" between Northern Ireland and the Republic after Brexit, the FT said.