Advertisement
Singapore markets closed
  • Straits Times Index

    3,224.01
    -27.70 (-0.85%)
     
  • Nikkei

    40,168.07
    -594.66 (-1.46%)
     
  • Hang Seng

    16,541.42
    +148.58 (+0.91%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Bitcoin USD

    70,731.91
    +1,641.31 (+2.38%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,250.81
    +2.32 (+0.04%)
     
  • Dow

    39,767.54
    +7.46 (+0.02%)
     
  • Nasdaq

    16,379.75
    -19.78 (-0.12%)
     
  • Gold

    2,243.90
    +31.20 (+1.41%)
     
  • Crude Oil

    82.81
    +1.46 (+1.79%)
     
  • 10-Yr Bond

    4.1930
    -0.0030 (-0.07%)
     
  • FTSE Bursa Malaysia

    1,530.60
    -7.82 (-0.51%)
     
  • Jakarta Composite Index

    7,288.81
    -21.28 (-0.29%)
     
  • PSE Index

    6,903.53
    +5.36 (+0.08%)
     

UK's May open to the idea of extending Brexit transition by a few months: BBC reporter

Britain's Prime Minister Theresa May speaks to the media as she arrives at the European Union leaders summit in Brussels, Belgium October 18, 2018. REUTERS/Piroschka van de Wouw (Reuters)

LONDON (Reuters) - Britain's Prime Minister Theresa May is open to the idea of extending the transition period "for a few months", BBC Political Editor Laura Kuenssberg said on Twitter. EU leaders have raised the possibility that the post-Brexit transition period, during which Britain would retain EU rules, could be extended by a year as a way to give London more time to agree the EU-UK customs deal it wants to solve the issue of the Irish border. But so far, May has repeatedly ruled out extending the transition period. Kuenssberg suggested on Thursday that May could be open to an extension of a few months, but any move to do so would be highly unpopular with hardline supporters of Brexit within her party. (Reporting by Sarah Young, Editing by Paul Sandle)