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8th December 2017
UK achieves historic Brexit divorce deal with the EU

The UK has, in the early hours of Friday morning, managed to secure a first phase deal on the UK's exit from the European Union. The agreement focused on securing special rights for 4 million citizens, a €40-€60Bn divorce payment to the EU and finally, and most notably, a deal on the UK and Northern Irish border which was brokered in the early hours of Friday by Prime Minister May and the Northern Irish DUP party. Whilst there still remains a considerable amount of work to be done on the deal, this historic first step will allow Brexit negotiations to progress to the second phase of talks which will crucially focus on future trade between the UK and the EU. Markets have reacted positively on the news with the pound gaining strength on the news.