The border between Ireland and the UK is the only significant land border between the UK and the rest of the EU, and Brexit negotiations have recognised the Irish border issue as one of the three most important issues any withdrawal agreement would need to satisfactorily resolve.
The latest pressure on its currency comes in the form of the new prime minister, Boris Johnson, who has insisted he is prepared to accept the expensive chaos of leaving the EU without a deal governing future relations.
The former London mayor won the contest to succeed Theresa May on Tuesday by securing the leadership of the Conservative Party in a campaign that put the United Kingdom on course for a showdown with the European Union.
Leading Brexit supporter Michael Gove, who Johnson has put in charge of 'no deal' preparations, wrote in the Sunday Times newspaper that the government would undertake "intensive efforts" to secure a better deal from the EU.
An embattled Theresa May announced that she will resign as the UK's Conservative leader on June 7 "in the best interests of the country", paving the way for a contest to decide the new Prime Minister after she failed to win over her ministers with a revised strategy to withdraw Britain from the European Union.
Prime Minister Theresa May met Opposition leader Jeremy Corbyn in a bid to avoids a potentially chaotic "no-deal" departure from the EU. May sought Labour leader Jeremy Corbyn's support in a surprise last-minute move.
The European Union said on Tuesday that Britain could be heading for a potentially disorderly exit in just 10 days time as Prime Minister Theresa May met with ministers to thrash out ways to break the Brexit deadlock.
The UK Supreme Court ruled on Tuesday that Prime Minister Theresa May must get parliament’s approval before she begins Britain’s formal exit from the European Union. The UK’s highest judicial body dismissed the government’s argument that May could simply use executive powers known as “royal prerogative” to invoke Article 50 of the EU’s Lisbon Treaty […]