Theresa May has reached an agreement with the EU which will allow talks on a future UK-EU trade deal to begin.
The issue of the border with Ireland has been resolved with the deal confirming that there will be no “hard border”.
On EU citizens rights the deal also confirms that EU citizens living in the UK will be protected and vice-versa.
The Prime Minster has agreed an EU “divorce bill” of between £35bn and £39bn, Downing Street says.
European Commission president Jean-Claude Juncker called it a “breakthrough” and said “sufficient progress” had now been made adding he was confident the deal would be agreed by the other EU members.
EU negotiator Michel Barnier called the agreement a “turning point” but stressed there was plenty more work ahead.
They are due to meet next Thursday for a The deal willl be discussed at the European Council summit next week will need the backing of the other EU members to be approved.
The pound rallied on the news to a six-month high against the dollar.