An exit deal referendum could be a fatal political blow for May
The UK government is opposed to this and would only reverse course very reluctantly given the fickleness of public opinion.
London
THERESA May set out her vision to exit the European Union (EU) on Tuesday in her most internationally-watched address yet as UK prime minister. She advocated a so-called hard Brexit, arguing against retaining key parts of the EU, including the European Single Market membership.
While the speech has been warmly welcomed by Brexiteers, it will divide the British nation given that 48 per cent of the population last year voted to remain in the EU, and others in the 52 per cent who wanted a "softer Brexit", rather than the more abrupt departure being advocated.
Mixing occasional tough talk with an upbeat tone, Mrs May made clear that the UK remains a European country, and that it is in the nation's best interest that the EU succeeds in the future. She advocated development of a "new positive, constructive partnership" based on 12 key principles…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Columns
‘Competition for talent’ a poor excuse to keep key executives’ pay under wraps
OCBC should put its properties into a Reit and distribute the trust’s units to shareholders
Why a stronger US dollar is dangerous
An overstimulated US economy is asking for trouble
Too many property agents? Cap commissions on home sales
Time to study broadening of private market access