UK PM May: Determined to deliver change demanded in EU referendum

The UK PM Theresa May is on the wires now, giving a keynote speech at the Confederation of British Industry's annual conference in London.

Key Headlines:

Determined to deliver change demanded in EU referendum

EU negotiations cannot be done quickly

Business must commit to investing in Britain for the long term

Autumn statement will be ambitious for business and ambitious for Britain

Chancellor will commit to providing a strong and stable foundation for our economy

Brexit offers an opportunity to get dynamic trading agreements

Needs to take the time to get our Brexit negotiating position clear

To publish green paper on industrial strategy before year end

Commits to provide more Brexit info, to business

Meanwhile, GBP/USD is seen reversing a sharp downward spike to daily lows, and now trades around 1.2330, still down -0.11% on the day.