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Davis Says U.K. Pushing EU States on Future Trade: Brexit Update

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Unilever Divorces the U.K.

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Brexit Secretary David Davis answers lawmakers’ questions on Thursday ahead of talks in Brussels this weekend, amid signs that the U.K. and European Union are nearing a transition deal that businesses have been pushing both sides to pin down for when Britain leaves the bloc in 2019.

Later, Prime Minister Theresa May chairs a meeting of business leaders in Downing Street, with Chancellor Philip Hammond and Business Secretary Greg Clark also attending. The timing is potentially awkward after Unilever said Thursday it is consolidating its headquarters in the Netherlands -- abandoning a U.K. base it has maintained for nearly a century.