UK, EU strike tentative Brexit deal on financial services (Vanguard)

British Prime Minister, Theresa May, has struck a tentative deal with the EU that would give financial services companies in the United Kingdom continued access to European markets after Brexit, The Times reported on Thursday.

A woman walks past a house where “Vote Leave” boards are displayed in Redcar, north east England on June 27, 2016 Britain’s historic decision to leave the 28-nation bloc has sent shockwaves through the political and economic fabric of the nation.

It has also fuelled fears of a break-up of the United Kingdom with Scotland eyeing a new independence poll, and created turmoil in the opposition Labour party where leader Jeremy Corbyn is battling an all-out revolt. European negotiators have reached tentative agreement on all aspects of a future partnership on services, as well as the exchange of data, the British newspaper reported, citing government sources.

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