May draws a red line on immigration for upcoming Brexit negotiations
She says Britain will pursue a unique model after leaving EU and won't adopt an "off-the-shelf solution"
London
BRITISH Prime Minister Theresa May has drawn a red line on immigration for the upcoming negotiations on Britain's exit from the European Union (EU).
Since European leaders have repeatedly stated that Britain must accept the free movement of EU migrants in exchange for full membership of the single market, the British premier intends seeking an alternative trade arrangement to Norway and Switzerland. Both nations have accepted the free movement of labour requirement to gain favourable access to the EU's market in goods and services.
Mrs May told Cabinet ministers gathered…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
UK wage growth and services inflation too high for rate cut, BOE’s Greene says
US to reduce licensing by 80% for UK, Australia to boost Aukus
IMF tells Asian central banks not to follow Fed too closely
UN chief warns Mideast on brink of 'full-scale regional conflict'
IMF boss says ‘all eyes’ on US amid risks to global economy
UK financial sector seeks stronger accountability of regulators