Skip to content
Thursday 20 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,748.16
+0.04%
DAX
25,983.04
-0.42%
CAC 40
8,453.09
-0.57%
STOXX 50
6,422.06
-0.35%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Sunday 25 November 2018 10:17 am  |  Updated:  Monday 03 June 2019 3:36 am

Done deal: EU leaders approve Brexit withdrawal agreement and future relationship

Months of wrangling between Theresa May and Brussels came to an end on Sunday after all EU 27 leaders approved the Prime Minister’s contentious withdrawal agreement.

EU member states agreed to the legally binding document that maps out the terms of the UK’s exit from the bloc. They also approved the declaration on the future relationship, which sets out how the UK and EU will manage issues such as trade after Britain’s exit.

At a press conference, May warned that her deal was the “only one on the table” and that it would not be possible to renegotiate it with the EU.

"The British people don’t want to spend any more time arguing about Brexit. They want a good deal done that fulfils the vote and allows us to come together again as a country," she said.

In a pitch to parliament to back her deal, she said: "So I will take this deal back to the House of Commons confident we have achieved the best deal available and full of optimism about the future of our country. In parliament and beyond it, I will make the case for this deal with all my heart and I look forward to that campaign."

Her comments were ratified by a series of EU leaders, including European Council president Donald Tusk, head of the Commission Jean-Claude Juncker, and Michel Barnier, the EU’s chief negotiator.

Juncker said it was a “sad day” but warned MPs to get behind the Prime Minister, saying the deal she had struck was the “best” and “only deal possible”.

While the Prime Minister may be relieved that Spain – which threatened to veto the deal over talks regarding the status of Gibraltar – did not scupper the summit, the weekend's agreement is far from her final hurdle.

MPs will now vote on the deal before Christmas, amid strong signs she will struggle to secure the support required to squeeze the bill through the House.

Arlene Foster, head of the Democratic Unionist Party (DUP) that is propping up May’s minority government, told the BBC on Sunday that there were “no circumstances” in which her party would approve the deal.

In the unlikely event that the deal gets through parliament, the DUP would have to “review” its confidence and supply arrangement, Foster said.

May’s own foreign secretary Jeremy Hunt admitted that the government could collapse in the next few weeks if it cannot get its Brexit deal through parliament. “It’s not possible to rule out anything,” he said.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

Related Topics

  • Brexit
  • People
  • Theresa May

Trending Articles

  • Jobless Banquet: Youth unemployment surge ‘sends Neets to KFC’

  • City law firm sues prominent Emirati business family

  • Amanda Blanc has worked her magic at Aviva

  • House prices in wealthy London boroughs fall by up to £300,000

  • As it happened: Miners fuel FTSE 100 recovery; oil jumps as Trump claims Strait of Hormuz

More from Morning Wire

  • Staveley planning ‘big property play’ as she closes in on West Ham stake

    Sport Business
    Smiling woman with blonde hair and black sunglasses in a black coat
  • Manchester United agree £20m a year deal with betting giant

    Sport Business
    Harry Maguire in a Manchester United jersey, clapping during a match, looking up.
  • Who’s buying your business? Don’t wait until you’ve built it to decide – here’s why

    Partner
    Panelists Alison Stuckless, Howard Davies, Will Fraser-Allan, and Karim Palant at SCALE EXPO SUMMIT Day 2
  • Former Lloyd’s chief John Neal breached rules with undisclosed relationship

    Insurance
    John Neal (Credit: Lloyd's of London)
  • Schroders sells financial planning arm as it accelerates high net-worth shift

    Investing
    Schroders office building exterior with modern architecture and company logo prominently displayed in a business district ...
  • Lone Star Funds Announces Agreement to Acquire ContiTech, the Material Solutions Group of Continental AG

    Business Wire
  • What founders need to unlearn about fundraising and the one question no one thinks to ask investors

    Partner
    EIS and SEIS investors panel discussing fundraising insights at SCALE Summit, April 22, 2026
  • Singapore on Thames or the Sick Man of Europe?: The Economics of Brexit Ten Years from the Referendum 

    Opinion
    UK-EU Brexit negotiations meeting with officials discussing trade agreements and policy impacts in a formal conference room
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook