Advertisement
UK markets closed
  • FTSE 100

    7,895.85
    +18.80 (+0.24%)
     
  • FTSE 250

    19,391.30
    -59.37 (-0.31%)
     
  • AIM

    745.67
    +0.38 (+0.05%)
     
  • GBP/EUR

    1.1607
    -0.0076 (-0.65%)
     
  • GBP/USD

    1.2370
    -0.0068 (-0.55%)
     
  • Bitcoin GBP

    51,544.45
    +1,996.11 (+4.03%)
     
  • CMC Crypto 200

    1,368.23
    +55.60 (+4.24%)
     
  • S&P 500

    4,967.23
    -43.89 (-0.88%)
     
  • DOW

    37,986.40
    +211.02 (+0.56%)
     
  • CRUDE OIL

    83.24
    +0.51 (+0.62%)
     
  • GOLD FUTURES

    2,406.70
    +8.70 (+0.36%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     
  • HANG SENG

    16,224.14
    -161.73 (-0.99%)
     
  • DAX

    17,737.36
    -100.04 (-0.56%)
     
  • CAC 40

    8,022.41
    -0.85 (-0.01%)
     

UK still negotiating with EU over Brexit backstop -May's spokeswoman

(Adds quote)

LONDON, May 17 (Reuters) - Britain is still negotiating with the European Union over a workable backstop arrangement if any Brexit deal is delayed, Prime Minister Theresa May's spokeswoman said on Thursday.

Britain is suggesting it would be willing to extend the use of EU tariffs as a backstop if there are delays in ratification of a Brexit deal, to avoid a return to a hard border between Northern Ireland and Ireland (Other OTC: IRLD - news) .

"The negotiations are continuing on what a workable backstop looks like - those negotiations haven't concluded," the spokeswoman said. "The backstop is a fallback and we do not want or expect it to happen."

(Reporting by William James, editing by Elizabeth Piper)