Opening Bell: UK and the Single Market, Barosso's Goldman Sachs gig, selling the Central Bank

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British Prime Minister, Theresa May has been forced to respond to comments from Brexit Minister David Davis who claimed that the UK is unlikely to remain part of the Single Market following Britain's exit from the EU.

"This government is looking at every option but the simple truth is that if a requirement of membership is giving up control of our borders, I think that makes it very improbable," he said during a debate on the issue.

"The prime minister recognises that people have differing views and … all of this has to be negotiated with European partners. The prime minister’s view is that we should be ambitious and go after the best deal we can. The secretary of state said we want the best deal for trades and services: that is what the prime minister is doing," a spokesperson for the PM said.

The speaker clarified that Mr Davis had been expressing his personal opinion, rather than the government's stance.


The European Ombudsman, Emily O’ Reilly, has written to the President of the European Commission, Jean-Claude Juncker, seeking clarification of the Commission’s position about the appointment of his predecessor, Jose Manuel Barosso as chairman and adviser to the global financial advisory firm Goldman Sachs International.

Her letter says she wishes “to understand the Commission’s position in light of the EU’s Treaty obligations requiring Commissioners to behave with integrity both during and after their terms of office" and she suggests her office may take further steps on the issue pending any reply.

Barosso was appointed to the position in July, replacing former Irish EU Commissioner, Peter Sutherland with a particular brief to advise on the implications of the UK’s vote to leave the EU.

Former EU Commissioners must obtain formal commission approval before taking up positions within 18 months of leaving office - Barrosso left in 2014.


The Central Bank's controversial offices on Dame Street in Dublin are set to go under the hammer next month.

The 1978 Sam Stephenson designed building is expected to be sold for €65m - despite its reported value of €80m.

Staff are moving to new facilities on North Wall Quay and the sale will finalise the new arrangements.

The bank's brutalist structure has split opinion in the capital since it was unveiled.


Plans for the redevelopment of a derelict flats complex in Dublin have been agreed.

Half of all units at O'Devaney Gardens will be for social housing while the rest will go into the private sector.

The agreement has been reached between Dublin City Council and the Department of Housing.

The plan has been criticised by some councillors - who say the entire complex should remain in the hands of the local authority.