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Corbyn: May's plan threatens 'a bargain basement Brexit'

Jeremy Corbyn has urged Theresa May to "stop her threat of a bargain basement Brexit" during exchanges at Prime Minister's Questions.

The Labour leader also criticised Mrs May for delivering her key Brexit speech away from the Commons, labeling her "not so much the Iron Lady as the Irony Lady" for "sidelining Parliament" while claiming to restore parliamentary democracy.

Mrs May accused Mr Corbyn of "not having a clue" over Brexit as she faced pressure to reveal if Britain will pay for single market access.

The prime minister refused to be drawn on whether payments would be required after the UK withdraws from the bloc despite the Labour leader repeatedly raising the issue.

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Pound rises after Theresa May Brexit speech

Following Theresa May's speech in which the prime minister laid out the priorities for Britain going into Brexit negotiations with the EU, the value of the pound against the US dollar increased by around 2%.

In the speech, the prime minister said the UK would leave the European single market and that the final Brexit deal would be put to a parliamentary vote.

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