'Bloomberg's latest on Brexit negotiations - reporting the UK is backing down on demands to change the Brexit deal

  • May's officials are preparing to compromise on their demands for a re-write of the Brexit agreement, according to a person familiar with the matter
  • The U.K. government is watering down its request for changes to the contentious Irish border "backstop" arrangement as set out in the text of the divorce deal that May struck with the European Union last year.

The issue is, of course:

  • While the stance could help the premier get concessions from Brussels, it risks making the agreement more difficult to sell to members of Parliament in London.

Link to Bloomberg article