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    The European Parliament's chief Brexit negotiator has criticised Theresa May's threatening tactics and warned the days of Britain cherry-picking its relationship with Brussels are over. Guy Verhofstadt said the Prime Minister's decision to suggest the UK would become a low-tax, low-regulation haven if the EU failed to agree a good exit deal was a counter-productive strategy. He also called on Mrs May to listen to the concerns of the 48% of voters who backed Remain. Mr Verhofstadt, president of the Alliance of Liberals and Democrats for Europe group, said: Britain has chosen a hard Brexit. May's clarity is welcome but the days of UK cherry-picking and Europe a la carte are over. Threatening to turn the UK into a deregulated tax heaven will not only hurt British people - it ...

    The pound has surged by more than three cents on Theresa May's Brexit speech putting it on course for its biggest one-day rise against the US dollar since 2008. Sterling rocketed after the Prime Minister's vision for exiting the European Union appeared less "hawkish" than had been expected - and floated the possibility of an associate membership of the tariff-free customs union. Markets were also cheered by the confirmation that Parliament would get a vote on the final terms of the Brexit deal and that there would be a transition phase to Brexit after divorce negotiations are completed. What Theresa May's Brexit plan really means Sterling leapt by as much as 2.5% to match the scale of one-day gains last seen in 2008 and overtake the size of a rally seen earlier this year a...

    Angela Merkel and François Hollande have responded curtly but defiantly after Donald Trump cast further doubt on his commitment to Nato and gave strong hints that he would not support EU cohesion once in office. We Europeans have our fate in our own hands, the German chancellor said after the publication of the US president-elect’s interviews with the Times and German tabloid Bild. He has presented his positions once more. They have been known for a while. My positions are also known. Shutterstock Donald Trump transition meetings, New York, USA - 13 Jan 2017 In the Times interview, Trump complained that Nato had become obsolete because it hadn’t taken care of terror  a comment later welcomed by the Kremlin. He suggested that other European countries would follow in Britain...

    Theresa May will unveil 12 negotiating objectives for the UK government at a major speech in central London on Tuesday (17 January) as the prime minister rejects a half-in, half-out Brexit. The Conservative premier will also stress that she wants the EU to succeed after the UK's split from the economic and political bloc, while calling for a new and equal partnership with just months to go before Brexit talks begin. We will continue to be reliable partners, willing allies and close friends. We want to buy your goods, sell you ours, trade with you as freely as possible, and work with one another to make sure we are all safer, more secure and more prosperous through continued friendship, May will say. Theresa May She will add: We seek a new and equal partnership between an i...