Senior Tories eye Brexit compromise

Campaigners look to block May's deal

Senior members of the Conservative party are putting together plans for comprise in the UK's approach to Brexit negotiations, in a move which would see close regulatory cooperation with the European Union when the country leaves the bloc.

After eight hours of crisis talks at Chequers on Thursday (22 February) it emerged factions within Prime Minister Theresa May's cabinet are proposing a free trade agreement similar to the EU-Canada deal, according to the FT. However, it is understood the proposals would seek to improve upon Canada's deal with the bloc by securing better access to the single market for goods and services via regulatory cooperation. Brexit enthusiasts within the cabinet said the UK should be able to set its own rules and regulations, allowing an "ambitious managed divergence" with the EU over time. B...