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Ireland Rules Out Time-Limited Backstop: Brexit Update

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May Outlines Plan to Secure Parliamentary Consensus on Brexit
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Theresa May returns to Parliament to explain what she’s going to do next. She’s ditched cross-party talks and will instead seek to do what the European Union has long rejected -- rewrite the Irish backstop.

The International Monetary Fund renewed its warning about the economic risks of a no-deal Brexit to the U.K. It held its 2019 growth forecast at 1.5 percent, saying fiscal stimulus in the last budget would offset the dampening effect of Brexit, but warned “substantial uncertainty” surrounds the estimate.