U.K.'s May and Corbyn Hint That a Brexit Deal Could Be in Sight
Theresa May and her arch political rival Jeremy Corbyn are both signaling they may be edging closer to a Brexit deal after a month of talks between their teams that seemed to be going nowhere. Both the U.K. government and the main opposition Labour Party talked up the prospects for a compromise plan and will hold more negotiations in the days ahead. The prime minister is aiming to wrap up the talks next week, either with an agreement or without one. On Wednesday, May signaled she could move on one of her key red lines and allow the U.K. to sign up to some kind of permanent customs union with the EU. The pound strengthened.
“There is a greater commonality in terms of some of the benefits of a customs union that we’ve already identified between ourselves and the official opposition,” May told a parliamentary committee. “Looking at the balance of these issues is part of the discussion. Can we come to an agreement on that? I hope we will be able to.”
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