Hello there, I'm Ed Butler and welcome to Business Daily from the BBC.

Coming up, Brexit breakthrough.

Theresa May says she's ready to compromise over how Britain leaves the EU.

This is a difficult time for everyone, but we can and must find the compromises that will deliver what the British people voted for. But can Britain's

divided politics survive this? Why does the UK's position now look so weak? A former Greek

finance minister blames Britain's negotiating tactics in the past. Sometimes David has considerable

leverage over Goliath.

The European Union has a trade surplus with Britain.

This is considerable.

If you're running a trade deficit, it's very difficult to lose a trade war.

That's all to come in Business Daily from the BBC.

There have been a few occasions in recent weeks when it seems like the fate of Brexit is facing a decisive moment.

Yesterday's announcement certainly has the look of one of those. The UK's Prime Minister, Theresa May, spoke directly to the nation in Downing Street, declaring she is ready to compromise on her so-called Brexit red lines,

inviting the opposition to have a say in the shape of Britain's exit arrangements from the EU.

Today I am taking action to break the logjam. I'm offering to sit down with the leader of the opposition and to try to agree a plan to ensure that we leave the European Union and that we do so with a deal.

The ideal outcome of this process would be to agree an approach on a future relationship

that delivers on the result of the referendum and which I could then take to next week's European Council.

Yep, this is the 11th hour for Brexit, of course.

Even later than that,

some might say. Britain's divided Parliament has been stuck in wrangling for weeks. The deadline for

EU departure was, of course, meant to be last week. The New Brussels deadline next week requires

London either to announce a deal to EU leaders or to make a detailed future plan or simply

...