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Friday, December 8, 2017

UK firms say 'the hard work on Brexit starts now'

Britain’s business leaders express relief on Brexit progress but urge the government to make swift progress on a trade deal with the EU * Brexit deal: ‘sufficient progress’ made after overnight talks on Irish border * Tusk says Brexit transition period is next hurdle - live updates * S&P says UK rating not affected by agreement * US jobs report stronger than expected in October, but wages disappoint 3.00pm GMT Greek finance minister Euclid Tsakalotos is about to begin a round of talks in the US aimed at the debt-stricken country re-accessing markets next year. Helena Smith reports: After eight years of being exiled from international capital markets, Greece hopes to refinance itself for the first time in nearly a decade when its third international bailout programme expires next August. The politics of regaining market access are expected to dominate discussions Tsakalotos is to have in the US, starting today. Auditors representing the European creditors that have kept Greece afloat are also there. The Marxist economist, who has allowed pragmatism to prevail over ideology in his job as finance minister, will be the keynote speaker in the annual Capital Link Invest in Greece Forum on Monday. Interestingly, he has been selected to ring the closing bell at the NYSE on Tuesday. Insiders are interpreting the move as an incipient signal of renewed optimism in the Greek economy. 2.47pm GMT As for that jobs data, it continues its record breaking run: 86... As in 86 consecutive months of jobs growth, by far the longest streak in history.#payrolls pic.twitter.com/5Yf6W4RBZ8 Continue reading...


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