Speed Reads

Brexit

EU leaders agree to delay Brexit until October 31

British Prime Minister Theresa May has accepted an offer from European Union leaders to extend Brexit until Oct. 31, European Council President Donald Tusk announced late Wednesday.

"This means additional six months for the U.K. to find the best possible solution," Tusk tweeted. The Brexit deadline was set for Friday, and May had requested an extension to June 30. British lawmakers have been unable to pass an exit deal, and May has said if her proposal is accepted, she will step down.

EU leaders expressed their frustration over having to deal with Brexit for so long, with Swedish Prime Minister Stefan Löfven saying they have "spent a lot of time, a lot of energy, on this issue, and we have so many important issues on the agenda that we need to get on with."