Business The European Union and UK have reached a historic Brexit deal, paving the way for Britain’s departure from the European Union after three years of negotiations. The pound rallied and UK stocks turned higher.
The withdrawal agreement was completed just in time for EU leaders to assess it when they gather for summit talks in the Belgian capital later in the day. The deal then needs to win the backing of the UK Parliament on Saturday.
That’s the final, treacherous hurdle for Prime Minister Boris Johnson to clear before he can complete his ambition of leading Britain out of the EU. Hanging over is the prospect of a veto from the Democratic Unionist Party, the Northern Irish group he needs to get the deal approved.
“We’ve got a great new deal that takes back control — now Parliament should get Brexit done on Saturday so we can move on to other priorities like the cost of living, the NHS, violent crime and our environment,” Johnson wrote on Twitter