David Davis, Brexit minister, said his country was not seeking to harmonize its laws with the European Union after leaving,
The UK economy grew by 0.4% in the third quarter, outperforming market expectations, raising the likelihood of the Bank of England starting to tighten monetary policy and raising interest rates soon.
David Davis, the Brexit minister claims that a new free trade deal between UK and the EU could be agreed in the remaining 12 months of Brexit talks.
Angela Merkel, the German chancellor, sent a positive message at the EU summit to an appeal by British Prime Minister Theresa May to help with the negotiating process, saying that talks on Brexit are moving forward and unlikely to break down.
British Prime Minister Theresa May will make an unannounced trip to Brussels to meet key negotiators of Brexit, accompanied by David Davies, the British minister in charge of negotiating with the European Union. They are expected to meet with Michel Barnier, European Union commissioner as well as Jean Claude Junker, President of the European Commission.
Jean Claude Junker, President of the European Commission, made the following statement:
Michel Barnier, head of the European Commission, made the following statement:
British Prime Minister Theresa May declined to comment on whether she would vote in favor of Brexit in other referendum, and avoided more than once answering an issue that determines the fate of future generations in Britain. Although she spoke of a promising Brexit since she took power last year, she quietly supported staying in the EU in the run-up to the June 2016 referendum.
Philip Hammond, the British finance minister, said:
The US dollar rose today to its highest level in seven weeks as the dollar index reached 93.81 in the light of the continued positive data from the US economy and remains waiting for employment data tomorrow which affected by the recent hurricanes. Today's data showed that the trade deficit shrank for August as exports rose to a two-and-a-half year high.
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