The UK will not seek a "half in, half out" deal as it leaves the EU, instead opting for a clean break from the single market, Prime Minister Theresa May will confirm today as she announces her plans for Brexit.
In a speech delivered later today, May (pictured) will appear to confirm what is commonly known as a "hard Brexit", though the PM will also outline her plan to allow the UK to opt back into parts of the customs union if need be. As details of the speech came out yesterday, the pound fell below the $1.20 mark, a level not seen since last year's October "flash crash" and three decades before that. As at early trading this morning, sterling currently stands at $1.21. Leaving the single market for goods and services will be a blow for a number of sectors including banks, which may have to...
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