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UK election clears way for Northern Ireland devolution, Dublin says

The outcome of the British election will help a fresh drive next week to restore devolved government in Northern Ireland after a near three-year hiatus, Irish Foreign Minister Simon Coveney said.
Irish Foreign Minister Simon Coveney. REUTERS/Henry Nicholls
He told Irish broadcaster RTE:

We have seen a real surge in middle ground politics and I think that says a lot about the anxiety and impatience to get Stormont (Assembly) back up and functioning again.


Macron warns UK post-Brexit deregulation would mean losing EU market access

French president Emmanuel Macron warned Britain on Friday that the more it chose to deregulate its economy after Brexit, the more it will lose access to the European Union's market.
He told a new conference in Brussels:

I don't think that you can have a strong relationship with Europe's single market with substantial regulatory differences on climate, environmental, economic or social regulations. That's not true.



I want to tell our British friends and allies… you are not leaving Europe.

He added he wanted a close relationship to be built with Britain, especially in defense and security.

What next for finance in Britain after the election?

A debate on the future direction of financial rules in Britain is set to unfold after Brexit, pitting those who want to stay close to Europe against others who say Britain is better off setting its own rules, with a nod to international norms.
Workers are seen in the City of London, near the Royal Exchange and Bank of England. REUTERS/Toby Melville


Shares and sterling leap on trade and Brexit boosts

Stock markets and sterling gained on Friday as U.S.-China trade hopes and an election win for Britain's Brexit-backing Conservative Party cleared two of the clouds on the global investment horizon.
British five pound banknotes are seen in this picture illustration. REUTERS/ Benoit Tessier