May raises possibility of transition deal to ease Britain's EU departure
Downing Street wants smooth exit that works for all sectors of UK economy
London
PRIME Minister Theresa May on Tuesday said she was planning to negotiate both Brexit and Britain's future relationship with the European Union by 2019, but a transition period may be required after that.
Appearing before a parliamentary committee, Mrs May said companies and the government might require time to adjust, in her first comments explicitly evoking a possible transition arrangement to ease Britain's EU departure.
"I would expect us to be able to negotiate a deal in the two-year period. But it may be the case that there may be some practical a…
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
US veto sinks Palestinian UN membership bid in Security Council
Pro-China local leader ousted in Solomon Islands election
Japan‘s March inflation slows to 2.6%, eyes on BOJ move
S&P downgrades Israel rating on heightened geopolitical risk
‘We have our jury’: panel selected for Trump criminal trial
UK wage growth and services inflation too high for rate cut, BOE’s Greene says